Bitcoin's Rival: Ethereum's Rapid Rise
nasdaq.com/article/bitcoins-rival-ethereums-r...
nasdaq.comPosted Mar 30, 2016, 7:28 PM UTC
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nasdaq.comThanks. The article is well worth 5 minutes of your time and provides a nice way of explaining to people genuinely interested but not really into the details of crypto.
I think what sold me on Ether - when I finally understood what it was trying to do - was that it was the manifestation of this vision of the internet of things given by Mike Hearn a couple of years ago. His presentation really opened my eyes to the possibilities of digital currency and how it could seamlessly work in the background powering and automating daily transactions. (If you can get beyond his hipster presentation mode - t-shirt, shorts, sunglasses on his head - it's actually pretty informative and inspiring.)
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Does anyone remember reading the phrase "Linux on the desktop" as in "Next year will be the year of Linux on the desktop" quoth the neckbeards of Slashdot. Often said every single year. What came of that? Smartphones & tablets running Android, a highly adapted fork of Linux. That's my analogy of Bitcoin vs Ethereum.
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In your example, Bitcoin = Linux or Ethereum = Linux ?
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Bitcoin = Linux.
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Everyone's talking about Ethereum!!!!!
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The lord is great
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The rest of the world has noticed. Next stop: USA Today !
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I asked the Bitcoin community on whether they want to see Smart contracts / Programmable Money on the Bitcoin protocol.
The most I received were down votes and some really uninformed comments.
Overall, they don't seem to be in any hurry.
Looks good for ETH, looks good.
On which sub did you ask?
r/btc
Yeah, that's only to be expected on r/btc. The focus in that sub is making Bitcoin the best money that it can be (which I happen to agree with), and suggesting an emphasis on smart contracting will raise the spectre of Blockstream/Core's demphasizing the monetary devleopment of Bitcoin in order to create a settlements layer for smart contracts run in their private sidechains and layers.