Bitcoin Q&A: Do Altcoins Threaten to Replace Bitcoin?
Channel: aantonop
Date: 2016-04-21

In this Q&A snippet, Andreas discusses the competition between bitcoin and other crypto-currencies, also looking at the historical possibility that the brand "bitcoin" is one of only a few things that survive radical change of the underlying technology.

Chapters
0:00 There are about 600 altcoins already. About 100 of those altcoins have already gone to zero. How do you know that bitcoin will not end in the same way? What is the difference between Bitcoin and Litecoin? Why do you prefer Bitcoin?
1:15 People don't realize that Bitcoin today is not what Bitcoin was in 2009
3:06 Altcoins are a very important part of the ecosystem

Special quote: "Sometimes all that scales is the name, the brand"
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