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bitcoiner @AnselLindner
, 3 tweets, 1 min read Read on Twitter
1/ There was no second great bubble in the early internet protocol wars. Tcp/ip slowly won as the early enthusiasm of competing project lost steam, converged or died.
2/ Sure, there's some different dynamics at play in altcoins today, because they can literally print their own money. The timeframe might be different, but the efficiencies of converging on one standard of communication and value are so great, it will happen.
3/ Altcoins will lose steam, converge onto Bitcoin, or die. Like communication protocols before, there's no need for every use or every business idea to reinvent the wheel.
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