Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
I dont think if the bitcoin will end like the yahoo, Friendster, Nokia! We dont know we can predict what will happen next. The reason why some prominent company disappears because of the big issue and some of it forlorn on the CEO of the company. I see in the news the CEO of Facebook Mark Zuckerberg attend the hearing on last past hour. However, bitcoin is king of all crypto, but the future of the bitcoin depends on the individuals.