Bitcoin commerce is broken. — Purse Essays


Bitcoin (as a particular implementation) will find its successors.
There are a lot of capable successors. Some of those most here are already familiar with (preaching the choir…)

  • Peercoin does a better job as long-term investment as Bitcoin will ever be able to do
  • Peershares does a better job organizing development (can be used for elections/polls as well!)
  • NuBits does a better job being a currency

Thank you Bitcoin, for having invented blockchain technology.
But more and more people, corporations, merchants will realize that there are more capable successors already existing in real.


I cannot agree more, overall.

EDIT: though I am not sure if Peercoin price would go up a lot because of the low perceived value due to the (low production effort needed, low price) apparent rule in place.