Hi guys,
I have my bitcoins since about a year. I fully support the concept of stateless currency, thats why I bought my first bitcoins.
now, I see other coins start growing a lot. My concern is about Bitcoins status as leader. I believe we can have a major crash and developers run away if Bitcoin is not the "gold standard" in crypto. First question I have: would you agree with this concern?
Second question: what needs to happen to make Bitcoin a secure #1? I dont think we even need to do payments in btc, but at least make it relevant.
Everything you're saying is valid but you can not be completely certain with Bitcoin or any other altcoin. The world experiences financial impacts and influences every day and this would effect digital currency as a whole. I definitely agree with your concerns and to answer your second question - Bitcoin would need to stay relevent in the cryptocurrency world by implementing and evolving their blockchain technologies. Anything spontanious and innovative would do.