Bitcoin is not a scam. Is it worth $30K? That's a totally different question (I'd argue that it isn't in its current state and that a lot of it is speculation). Bitcoin is a set ideas [1].
For all the other cryptocurrencies, given their non-altruistic/non-anonymous nature, it's much harder to make a similar case. I tend to be on the side to not trust it.
For all the other cryptocurrencies, given their non-altruistic/non-anonymous nature
Some others are more altruistic than bitcoin (having a pure linear emission which prevents the current generation from hoarding most of the supply). What do you mean by non-anonymous nature?
The cryptocurrency I have in mind features not one, but two anonymous creators; one to author the Mimblewimble protocol that improves both scalability and privacy at the same time, and another to implement the protocol in altruistic manner.
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Bitcoin is not a scam. Is it worth $30K? That's a totally different question (I'd argue that it isn't in its current state and that a lot of it is speculation). Bitcoin is a set ideas [1].
For all the other cryptocurrencies, given their non-altruistic/non-anonymous nature, it's much harder to make a similar case. I tend to be on the side to not trust it.
[1] The idea is described in the paper: https://bitcoin.org/bitcoin.pdf
Some others are more altruistic than bitcoin (having a pure linear emission which prevents the current generation from hoarding most of the supply). What do you mean by non-anonymous nature?
No one knows who Satoshi is. With other cryptocurrencies that I've looked at it's the opposite.
The cryptocurrency I have in mind features not one, but two anonymous creators; one to author the Mimblewimble protocol that improves both scalability and privacy at the same time, and another to implement the protocol in altruistic manner.
https://github.com/mimblewimble/docs/wiki/A-Brief-History-of...