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« on: July 28, 2014, 01:44:16 pm »
I feel this discussion has the wrong emphasis. As long as the internet remains relatively free of censorship, eventually the people that really matter, the masses....well, they'll adopt whatever offers the best form of entry and the lowest costs to them. Those of us who are already invested do indeed perceive this technology through the filter of our own hopes and ambitions, however, success or failure of innovation is not likely to be decided by those vested interests. In reality, if POW is inefficient in comparison to other mechanisms, it's only a question of time before other networks become more valuable. If everyone hedges to some degree in sensibly chosen innovations, hopefully everyone who has made the crypto space what it is today will secure a piece of the future. Until we can compete with the incumbent financial systems, we are all on the same side and had better look after each other......the stakes couldn't be higher.