9 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

I find this article convincing in its analysis of the dynamics between Bitcoin and competing networks: The Coming Demise of the Altcoins To summarize briefly, the author suggests: The utility ...
Murch's user avatar
  • 75.3k
5 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

Bitcoin was the first, the most well known and thus has the most network effect. The network effect is extremely important and there are examples were better technologies lost to the competition ...
karask's user avatar
  • 2,540
5 votes

What is a good way to concisely explain Bitcoin?

Recently I stumbled across this question as I was supposed to explain what Bitcoin was to my 5-year-old nephew. As the question states that it needs to explain the concept of bitcoin to a non-...
Junaid Shaikh's user avatar
3 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

Due to the network effect, the Bitcoin network has the most hashing power behind it, as well as the most investment in it. It had been vetted more than any other cryptocurrency, and the network is ...
Jestin's user avatar
  • 8,812
3 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The space is so broad that your question can't really be answered easily. In general, altcoins are far more risky but offer more potential reward. In general, altcoin portfolios will require far more ...
brandondoge's user avatar
2 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The reason bitcoins is the best is this, how many places can you go to and trade coins on the market, like buying and selling like at Bitrex for example? If you go to these sites what do you have to ...
midwestcore's user avatar
2 votes

Who is the target audience?

This is probably going to be closed as a question of opinion, but here is an answer nonetheless: But if you can not change the total volume of the money, you can not get a stable currency... In ...
chytrik's user avatar
  • 18.3k
1 vote

Value of cryptocurrencies: Why does noone make Bitcoin2, 3, 4,...?

Why does noone use the exact same technology of the Bitcoin and create Bitcoin 2? They have, there are hundreds of copies of bitcoin known as "altcoins", one prime example is bcash. If they did, ...
meshcollider's user avatar
  • 11.8k

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