Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.
On which Law do you refer?
The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.
I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.
Really folks. A quick look at history will show that ALL of the many car manufacturers after Ford, General Motors, and Chrysler just couldn't survive. The Big three had all the 'network effect' and nobody other than them could make and sell a new car. I read that the Japanese tried, but they failed miserably. Take a look outside today and you will not see a single Japanese car. Anywhere. Even in Japan. The Germans had a couple good ideas too, but they all failed. In fact (thank god) the main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Very nice analogy. Love it
edit: and Koreans failed as well.
Yeah you're right about those Koreans. They tried and failed with cars, and then they tried to make cell phones instead, but nobody bought those either. Really, after Motorola and Nokia...there just was no possibility.
