Post
Topic
Board Economics
Re: could bitcoin be replaced by another crypto currency?
by
mr_stark
on 04/12/2017, 14:12:36 UTC
i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?

Bitcoin is the first crypto currency. I don't think any other crypto currency can stand next to the Bitcoin. It's king of all coin. Because of slow mining process and higher demand it's rising day by day. So you can't say in future anything will go to the hight that BTC has already reached. There is another aspect that anything can happen at any moment in crypto world. Practically it's not possible but who knows what's going to happen.  Grin