Are Cryptocurrencies in a State of War?

Are Cryptocurrencies in a State of War?

What's the difference between an HD DVD and a Blu-ray Disc? In a nutshell, one is a loser and the other is a winner. In the late 2000s, the two battled it out on store shelves in what is known as a format war. Which won? Here's a hint: you won't be watching Gravity on HD DVD anytime soon. Any cryptocurrency enthusiast looking back at the HD DVD vs Blu-ray format war is bound to wonder: "Must a single coin similarly emerge a 'winner' - whatever that means in the context of cryptocurrency?". The argument in favor of war. If you were to view the cryptocurrency format from this perspective,....


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Despite Bitcoin’s and Altcoins’ Rise, Nation State Is Here To Stay

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Quotes

Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up.

Satoshi Nakamoto, Bitcoin Developer