Quote:
Originally Posted by mayabong
Why does everyone buy Coke still? There are 10,000 other things that taste like it. they are doomed.
|
So you think that anyone starting a company to compete with a $200,000,000,000.00 company, their bottling capability, their 8 figure marketing campaigns and having restaurants worldwide locked down and failing to compete is analagous?
What would Coke's position be in the market when 20,000 people could jump in on a whim and create a startup with a level playing field with Coca Cola in terms of resources, marketing and distribution? That's what bitcoin is. Anyone can do it. So ultimately the idea of digital currencies might succeed in some form, but its highly improbable that bitcoin will any more than excite.com, netscape.com, prodigy.com, webcrawler.com etc was in the start of the web.
Bitcoin is like looking at day 2 of the internet and telling the guy who created a search engine or browser that he's the future. No one here could ever come close to predicting where this will be in 1 year, or 2 years and peoples certainty on the subject is proof positive of irrational behavior and views.