So you guyz ever think if anyother cryptocurrency replace Bitcoin in 5 years what will be the condition be of the other cryptos.
Today Bitcoin is the king of the cryptos as we can say to watch the codition of cryptos. So, Is there is any Cryptos which have tendency to replace Bitcoin.
I think Bitcoin might be zero. It has major scaling issues and cannot be used as a payment system at all because of transaction times and fees. The value of decentralization is not nearly enough to warrant paying those high fees and waiting so long to transfer money when you can do it instantly for free with centralized services like Venmo.
It is possible than an alt coin will rise again and eclipse bitcoin if they can scale to about 1000 times the transaction capacity of bitcoin (something closer to what Visa and Mastercard do, which is about 3,000 transactions per second combined). There are still problems though with things like the mining energy usage and government regulation. We'll see what happens. I think it is far more likely that an alt coin eclipses bitcoin in 5 years than bitcoin remaining the crypto king.