/biz/ - Business & Finance

>>8096534
>slow
>expensive
>turing incomplete, basically a shared text file instead of a shared computer
>no leadership
>network centralized by chink miners
>devs bought out by miners to keep block size at 1MB when satoshi himself said it should be raised later
>but (((lightning))) will fix the problems with decentralization via centralized nodes

>>7732567
>Also your right the thread isn't about just bitcoin. Problem is, I would need to know every crypto under the sun to have a position on it, which no one can.
No, but with all due respect you should at _least_ know the top 3, since they are dramatically different

>Bitcoin : the original (shitcoin) - slow, expensive and just a way to move bitcoin around

>Ethereum : It's a turing complete virtual machine that runs in the blockchain. To simplify it - If bitcoin is 'digital gold', ethereum is 'digital oil'. You can make smart contracts in ethereum. You can make DAO's (this shit is brilliant, as long as coded properly) in ethereum. Stateless Organizations that exist and operate with 100% uptime and no censorship with zero actual people running them.

>Ripple : another thing. Hated by many because it's the opposite of bitcoin. Hated by me because it is badStellar.

There is a reason that many people believe, myself included, that ETH will `flip` BTC.

https://www.flippening.watch/

Just look at how bitcoin has fallen in the market.

https://coinmarketcap.com/charts/#dominance-percentage

And look at the tech

>>7644824
Superior tech doesn't always win out unfortunately

Look at bitcoin, it's got the worst tech of all coins, but it's still #1 market cap because 'muh first mover'

>>7644135
Except they'll use Stellar.

Who do you think Banks are going to partner with, some no name new kids on the block called "ripple labs" or IBM?

>>7617747

>>7584343
Stellar is going to eat Ripple alive

>>7570823
Herda dader der

>>7558251

>most digital currencies are unlikely to survive in their correct form

especially bitcoin

shit's based

Funny thing is the tech performance matches up between IE and chrome

>>7287303
Like i said in the OP - good tech.

https://www.stellar.org/papers/stellar-consensus-protocol.pdf

>>7286722
literally the only thing i don't like about XLM is how many coins are locked up, but i guess i understand why (they want to distribute them to people who will use them so it actually does become a world payment system)

>>7286776
see picture, also read the white paper

https://www.stellar.org/papers/stellar-consensus-protocol.pdf

I'm going to show you two images

>>7252141
>XRP, being the fastest and cheapest

?

>>7255415
Indeed.

My plan of attack is to diversify across use-cases/solution space (Payment, Smart Contracts, etc) and nations (VEN/NEO/WTC for china, XLM for USA, etc)

But I don't diversify flat across everything. XLM is my #1 hold because the tech is so fucking good

what do you think