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tracedddd | 2 years ago

Unfortunately, that doesn’t tell the full story. Features and optimizations often come with costs such as security and complexity. Not to mention many cryptocurrency projects have an embedded self-enrichment scheme for the founders and centralized decision making, making them a theoretical target for governments. Sometimes a simple, well tested solution is better than a complex one with better performance and features. After all, money should be simple and carry low technical risk.

That said, I personally think features found in some other projects are worth the costs. But I can definitely see why someone would still choose btc. Especially for a government initiative or treasury.

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tromp|2 years ago

> Sometimes a simple, well tested solution

Bitcoin is not that simple. The scripting language alone is a big source of complexity, and the emission could be made both simpler and fairer, leaving no advantage for the founders or early miners. Finally, some privacy improvements can be had with no cost (even a notable improvement) in scalability.