Q. Do you think Bitcoin will always be the top cryptocurrency?

Do you think Bitcoin will always be the top cryptocurrency?


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Aug, 2018

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  • petarjs

    I don’t. We are still in the VERY early days of crypto, and the “mainstream adoption” we talk about when discussing Bitcoin is actually only a tiny fraction of what’s to come. As technologies advance, Bitcoin (and most cryptos we see today) will be antiquated. Imagine Internet in its early days - not many people had access to it, and those who did had to connect using a slow dial up modem. They didn’t know that in a few decades the Internet will be used by the whole world, and that the speeds will be astronomical compared to a dial up connection. And the improvment didn’t happen overnight of course, but imagine if people rejected to accept a faster, more secure and reliable Internet, there’s no sense in that! The same thing will happen with crypto, I tell ya.


       

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Bitcoin

One among the 700 other, is the bitcoin, which was the first ever of its type. Bitcoin is a form of cryptocurrency that is not regulated by the government. Cryptocurrency is a market that is nearly a decade old and in its early stage. There can be many benefits of using a cryptocurrency but along with that comes the risk involved, that one must not forget to consider. It is believed, "like the internet, bitcoin will change the way people interact and do business around the world".

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