I think the interesting distinction is between “launch another coin” as a way to experiment and “launch another coin” as a realistic way to change Bitcoin.
The first is clearly possible. The second is much harder because a new chain has to bootstrap miners, developers, liquidity, users, infrastructure, and credibility simultaneously—while starting with essentially none of Bitcoin’s network effects.
So perhaps “go launch your own coin” is technically sound advice but economically incomplete. The real question isn't whether you can create a new chain, but whether you can create one strong enough that the market actually gives its proposed changes a meaningful chance to compete with Bitcoin.
That makes Sztorc's upcoming launch especially interesting to watch. Not necessarily because it will succeed or fail, but because it may provide another real-world test of whether this path is actually viable today.
I think the interesting distinction is between “launch another coin” as a way to experiment and “launch another coin” as a realistic way to change Bitcoin.
The first is clearly possible. The second is much harder because a new chain has to bootstrap miners, developers, liquidity, users, infrastructure, and credibility simultaneously—while starting with essentially none of Bitcoin’s network effects.
So perhaps “go launch your own coin” is technically sound advice but economically incomplete. The real question isn't whether you can create a new chain, but whether you can create one strong enough that the market actually gives its proposed changes a meaningful chance to compete with Bitcoin.
That makes Sztorc's upcoming launch especially interesting to watch. Not necessarily because it will succeed or fail, but because it may provide another real-world test of whether this path is actually viable today.