Why bitcoin? part v (21-25)

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Why ?itcoin?

21) Because quite possibly:

The sum of the speed of all major altcoins and all fiat*(with Visa, Mastercard, etc) put together, does not come close to the speed of Bitcoin(with Lightning Network)! The sum of the decentralization of all 20,000+ altcoins and all fiat* put together, does not come close to the decentralization of Bitcoin! And the sum of the power(security) of all 20,000+ altcoins and all fiat* put together, does not come close to the power of Bitcoin!

*fiat = central bank currencies, such as the dollar.

22) Because it is immortal. It's easier for an asteroid to hit Earth than for it to die right now. The only way to die in the distant future is to become obsolete as a technology. And when that happens it won't matter because according to Bashar and Ryo* it would mean the abolition of all money, and the new currency would become Synchronicity(which some of us already use it, in an increasing degree).

*Bashar channeled by Darryl Anka and Ryo channeled by Tyler Ellison.

23) Because Bitcoin won't be adopted like the iphone because it's cool. Bitcoin will be adopted like gunpowder: if you don't own it you will be its victim.

-saifedean

24) Because Ethereum/etc chose the easy path of fraud. If Ethereum/etc wanted to have a basic decentralization at their core they would have it. Also if they wanted to co-exist and support each other with Bitcoin(which is fully decentralized), they would use it as a currency or have themselves being built on top of it in additional layers - not encourage every scammer and every company to create their own pump & dump centralized token and unregistered security (which in essence not only their tokens but also Ethereum/etc themselves are also unregistered centralized securities). There would be even more interesting applications than what they have now. There might not have been as many in number and features, but they would be much more integral - that is, secure and decentralized. The real interest lies in security and decentralization.

25) Because ooba dooba with simple math:

Dollars = your money / ?

Bitcoin = your money / 21,000,000

Clarification - Free will is our birthright. Therefore I respect all choices - even if they are contrary to what I believe to be positive.

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Regulation and Society adoption

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