Quoted from Astropin:Just because you are huge doesn't mean you can force your customers to do what you want then to do. Well you can but it will eventually lead to your downfall.
But history shows that they have. Look at Apple, they more than the other companies are making sure they control their entire supply chain. They get mocked by many for it but it hasn't stopped them from literally killing off companies by cutting them off to use their own stuff, and/or missing stuff the competition has because they aren't interested if they aren't in full control. They have demonstrated time and time again that they are willing to be behind the competition if they aren't in charge, and their customers haven't cared at all.
Quoted from toyotaboy:that's because those are companies that didn't evolve and made bad decisions. They are not standards (though firefox is mostly based off of netscape).
Sure but the point is being first doesn't mean you remain first. I mean what do you think, if Google, Apple and Amazon came out with their own coin, or heck if they joined forces and came out with their own shared coin that works on all three services, do you guys honestly think that would have no effect on all other coins on the market? Tech industry people often come together to form a shared standard, so if a Google, Apple and Amazon backed TechCoin came out, what do you think would happen to other coin? Do you guys honestly think these scenarios are impossible?
This scenario has played out countless times over the years. Often various new tech comes out first but its a mishmash of incompatible standards to start. Then a few big companies come together, form a new joint standard and kill off everything else overnight. Just google for lots of examples. I will argue that a TechCoin would do exactly the same thing.
No but they were pushed out of markets they used to own.