If we are going to compare ourselves to something, might as well do it to the big dog on the block. In cryptocurrency, that is Bitcoin.
Hopefully not for long. Bitcoin (BTC) is outdated. Many cryptocurrencies are much better than it in multiple aspects. Even (or rather) especially Hive.
For example, as @thelogicaldude wrote, "Hive had the major advantage of the human readable addresses".
And the fast and free transactions are also huge advantages.
Bitcoin will never become obsolete. There is Bitcoin and there is Crypto. Just as the SEC's Gary Gensler has said, Bitcoin is a commodity all other coins are securities.
Saying something like this is short-sighted. It will over time. With the technology constantly improving, all cryptocurrencies will become obsolete over time, and there will be something better, something new, something that we currently do not even think about. Something that does not exists yet.
Read the "Bitcoin Standard" and you will understand. The world will completely change because of Bitcoin.
No, saying the opposite is short sighted.
Why do you assume all will be obsolete and not just change and upgrade with the technology? Many cryptos indeed will die. Bitcoin not in our lifetimes that’s for certain.
I forgot I’m the Fed so I changed my mind.
Fiat is king 👑 - The Fed
Truth
BTC Outdated, this is simply not true. Respectfully call me when it looses its top spot. The network effect can’t be beat. Hive is amazing but it’s just two totally different things.