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RE: How Solid is Bitcoin? ...Decentralisation under Threat

in LeoFinance20 hours ago

The reason the market isn't embracing newer tech for Bitcoin is imo a few reasons, first mover advantage and brand being out there, the newer tech doesn't solve the main problem that bitcoin solves better - store of value and thirdly, you can never have another fair launch of a Bitcoin/store of value product- it was a one time deal.

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"you can never have another fair launch of a Bitcoin/store of value product- it was a one time deal"

Not sure why you state this, since I do think it is possible, and some chains proofed it they can launch fair and square. Regarding the store-of-value, this all relates to how distributed a chain is in terms of node operators and/or miners. I do believe other chains will emerge over time to play the role of store-of-value to at least the same degree as Bitcoin, or perhaps even to a higher degree. Only time will tell us, for now it is just a 'believe' 😉

Agree something could come if it improves enough.