Quote:
Originally Posted by Canadianman
Welcome to technology!
How can a car replace a horse? it only goes 3 mph, breaks down constantly and need this expensive gasoline to run. It will never catch on.
How can a computer replace an adding machine? It has to be programmed each time with hundreds of punch cards, is the size of an entire building floor and uses too much electricity. It will never catch on.
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of course this analogy only works if Bitcoin or any other crypto has some fundmental potential advantage over regular electronic money, which it doesnt seem to have, it isnt secure or untrackable, it requires exactly the same infrastructure, its just another form of currency in its use, its really no different from dollars