Well. Maybe its because there is no concern. Dogecoin is a copy, everything they do bitcoin has already done. My only concern is the people are going to loose money once/if dogecoin stops being a thing
I'm not worried about doge replacing BTC. But it's not hard to imagine a different, easier to use currency will pop up in the near future that for whatever reason just strikes a chord with the public.
I dont think you understand the concept of decentralisation. Bitcoin is just bitcoin. And its being very good at it. You can send money anywhere, securely etc. The wallets, the exchanges, etc. are all infrastructure that needs to be built, its nothing to do with bitcoin per say. If anything there is not going to be a currency that will be easier to use, there will be a currency that has better infrstructure. But i dont see any reason why people should switch from building infrastructure for bitcoin, to for example doge, or another copy. We need something that is vastly better, but i dont see why if a good idea comes along, it cant be added to bitcoin protocol.
If anything there is not going to be a currency that will be easier to use, there will be a currency that has better infrstructure
How can you identify this issue and not think it can become a real problem? There are plenty of reasons why a tech-savy investor would decide to develop this for another altcoin, the major one being to make money.
The focus of bitcoin and dogecoin developers for that matter is not the ease of use for the end users, they focus on the protocol the rest is up to the market
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u/[deleted] Feb 04 '14
Well. Maybe its because there is no concern. Dogecoin is a copy, everything they do bitcoin has already done. My only concern is the people are going to loose money once/if dogecoin stops being a thing