One day you will understand that without censorship resistance, all you've got is fiat 2.0.
No crypto-currency that exists today has censorship resistance.
So what you are implying is that if/when a new digital currency overtakes Bitcoin, it will be one that thrives off of a different community altogether?
Yes. And it will be the one that enables 1000 Silk Roads bloom. Not just for drugs but for every fucking thing the gubermint regulates and fucks up. Everything from social networking to porn.
Stop trying to think of crypto as taking over the brick&mortar world.
The markets I just enumerated are 100 times bigger than anything Bitcoin has even tackled yet.
This will all become more apparent as the gubermints regulate Bitcoin more and more and capture it in bed with vulture capital. And as the global economic collapse proceeds into Economic Totalitarianism.
Spain fines you for taking a photo of police and posting it on social media. Etc, etc, etc....
I understand that there are niches out there that Bitcoin currently doesn't help to make more accessible, but is a niche currency actually a viable way to overcome Bitcoin? If mass adoption is the end goal, I don't think anything created solely to bypass the government could do the job. And on the topic of government...
What if some government created their own digital currency that saw mass adoption due to having characteristic similar to what people worldwide value in the US Dollar? That could potentially be the crypto that goes worldwide, even if it doesn't do any of the things Bitcoin prides itself in.