Missing the point

Too Long; Didn't Read

What’s the point of a Cryptocurrency? Why do so many of us think it’s one of the most important inventions of our lives? Once you grasp the core concept of Bitcoin there’s no going back. In fact, there’s no going back <em>regardless </em>of whether you get it or not. Pandora’s box has been opened. Bitcoin has a limited supply. No one can conjure up new ones out of thin air. The blockchain presents a solution to the Byzantine generals problem and prevents double spending. The consensus rules makes it <em>extremely</em> hard to alter the core protocol. The only way that this could fail is if you could fool a sufficiently large portion of its user base that one or more of the so called altcoins was equally valuable. Some say that quantum computing will someday crack the hashing algorithms that secure the blockchain but if that happens we have bigger problems than Bitcoin not working.