Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die?
What are the possible substitutes for BTC? State your mind!
Next big things:
For example; bitcoins are highly suitable for:
Online transactions
Face-to-face mobile transactions
Machine-to-machine transactions
International remittances
Secure savings
Back-up
However, Bitcoin is much more than just "money". Bitcoin's network and technology (the "Blockchain") enables:
Start-up innovation (an address is all you need, bank account optional)
Autonomous Trading Entities / Decentralized Apps / Corporations (DAC:s)
Proof-of-existence services (timestamping)
Multi-signatory contracts, wills, insurance agreements
Borderless value transfers
Transparent governance
Totally agree, you need to write a book!
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
I am sure that if Bitcoin would be gone, the Litecoin won't be the one to replace it. Litecoin is basically the same technology as Bitcoin, just a bit tweaked. Whatever would kill Bitcoin, would kill Litecoin as well.
Some of the above coins that you have posted have much better chance in replacing the Bitcoin, even though I don't see this happening either. They might complement each other but not replace it.
No because bitcoin faces danger from the inside.
Litecoin has pretty solid dev team. Bitcoin devs only bicker with eachother, which is not good.
If bitcoin gets destroyed by devs foolishness, litecoin will take over with more disciplined and professional devs.