/biz/ - Business & Finance

>>16174877
kek, very accurate.

>>7959509

The actual answer: Bitcoin is the only real coin with any adoption or value. In terms of consumer use, Bitcoin did have really cheap fees and that began driving merchant adoption and enthusiasm. Cheap fees was and is not the main value proposition of Bitocin, but it was an early benefit and talking point.

Bitcoin ran into scaling issues and the momentum drained. Politics delayed solutions.

Eventually, the side that wants to end the scaling problem permanently won over the side that wanted to kick the can down the road.

There was potential, then the momentum stalled, but now there is potential again. Every coin besides Bitcoin is a joke or has only a niche use case.

In short: open source projects take longer to develop than proprietary ones. Additionally, there is/was a scaling problem and politics delayed a solution for awhile. It sucks, but given the novelty of Bitcoin (and in the scheme of things, it still very much is), I am willing to wait for good development.