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RE: Bitcoin's Evolving Trend: The Bitcoin Hydra Thesis.
I don't like the idea of trading altcoins for #AirdropForks I guess that's one direction but, I think the technology is bigger than just one coin. I think of the altcoins as the branches and bitcoin as the trunk. Altcoins only have value because of Bitcoin. Ethereum has branches of it's own but is still attached to the bitcoin trunk. Altcoins are already forks of bitcoin, in a way, because BTC started it all with blockchain tech and altcoins adapted the code for their own uses.
That is the point exactly: what everyone is missing is that the way forward should align all interests with Airdropped forks off Bitcoin: Because Bitcoin is King, it only needs to serve as the body of investment. What bitcoin can become under this prescription is all possible iterations of blockchain within the same investment.
Right now speculators are playing us against each other and even these altcoins that innovated in different directions are antagonistic to Bitcoin. I think this technology is going to have to unify naturally or align and evolve into one large multi-token system through airdropped tokens off of the Bitcoin tree....
Once the whole cryptocurrency market becomes unified, the risk and unlimited possibility of blockchain opens up into a new era of cooperativism.
Once government steps in to really fight, all of the top alts will be hit hard, bitcoin is too decentralized to care! This will be when the #BitcoinHydraThesis is initiated!
I don't see people moving out of Bitcoin to buy a bunch of altcoins in order to get a fork from them because all they will doing is creating a massive tax liability...
Most people have their value locked up in Bitcoin all of these altcoins represent a ton of speculation that's the money that these people are already gambling with!
The way this is going to work out in my opinion is that Bitcoin because it is a store of value will have all of these proportional airdrop Forks off Bitcoin and it will essentially start to instantiate all possible Innovation within a multi token Bitcoin Network.
The Bitcoin Hydra thesis is just that simple