Bitcoin is a very fast booming and rising currency and I have been hearing about there being a physical bitcoin I mean in the form of a metal. Now if this is possible I would like to know if bitcoin would be a generally accepted means of payment in the next years to come and what are the possibilities of other currencies meeting it( I mean in demand and supply)
Bitcoin enjoys the first mover advantage among cryptocurrencies. There are potentially and technically better altcoins than Bitcoin. But they are no where near to Bitcoin's marketcap or popularity. Regarding its adoption. Indeed the adoption rate will increase with time. This year only, many merchants have started accepting Bitcoin as a payment with Dubai apartment being sold for Bitcoin being the major one. Trend is surely to continue in future.