There's so many alternatives why limit yourself.
How would you boys feel about a darkent market using another cryptocurrency instead of bitcoin?
There's so many alternatives why limit yourself.
[4 Points] None:
[3 Points] None:
Any other currency is likely going to be converted to or from btc at some point. Btc has legitimate uses too
[3 Points] loveisrealnfa:
I would feel like I hate taking extra steps. I.e. Converting bitcoin to the other currency
[2 Points] underdosedwtf:
.
[2 Points] None:
I wouldn't use it. Why do you feel the need to reinvent the wheel? I can already buy bitcoins pretty easily, I do not want to waste my time buying another virtually useless currency that can only be acquired through mining it.
[2 Points] Mr_Mol:
Nucleus allowed the use of other cryptocurrencies while it was up, even though most vendors only accepted BTC. Like another poster said, why fix what isn't broken?
[2 Points] 180K:
DASH = yes
[2 Points] Hi_Im_New_Here___:
BTC having a relatively developed infrastructure, albeit not one without it's quirks, is a wide moat that protects against a new, widely adopted alt-coin. IMO other currencies will need to present glaring advantages, and/or BTC would need to demonstrate glaring disadvantages (like being made illegal to acquire/possess and/or LE being able to track end users in close to real time), for a new currency to develop a critical mass and truly threaten BTC share of the cryptocurrency market.
Imagine being geeked out to learn there is a DNM with a couple vendors that will accept the XYZcoin you were thinking about trying. Only for you to determine that you need to drive 100 miles to find a way to acquire said coin without showing ID. Then saying "fuck it" and making the drive only to find out that the owner of the convenience store has never heard of it and then having to travel another 50 miles to try again. Then actually buying it and receiving confirmation that you received it at the exchange rate you expected. Then driving 150 miles home and logging on to the market just to find out the vendor you planned on using is now on vacation. Then finding another vendor that accepts XYZcoin, feeling him out, and deciding to pull the trigger on your deal - just to discover your currency dropped 30% in value since you acquired it 8 hours ago. And you can no longer afford the order you wanted to place.
I say this somewhat tongue-in-cheek as there would be some level of adoption and acceptance prior to markets and vendors being willing to use a new currency. This would be different than BTC in the sense that bitcoin AND Silk Road were both new and groundbreaking phenomenons, relatively close together. They grew from egg to embryo to newborn to child somewhat in tandem. This stage in DNM and BTC history seems like a period where the parents have gotten divorced, behavioral problems have ensued, and it's really not clear whether or not the children will become healthy adults.
Personally, I don't think that use of a new currency will be that viable on a market unless/until there could be a stunning development that is an absolute game changer, like a cryptocurrency providing legitimate anonyminity.
[1 Points] Renvyus:
nah
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