I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
What do you think? I'd love to hear from some crytpo veterans.
I dont think its working as inflationary alternative to government fiat currencies, I mean that change is not even observable in the current era. Fiat is still the strong hold and tell you what gold is still the best asset in this world no matter what you talk about the bitcoin or what price bitcoin has got today.
In general public the best currency is still fiat and best store value is still gold. It is just that you and me are more or less dedicated into crypto thats why we see the fusion of it. But come on look at the world population and look at the number of people involved in it.
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(we all know it's going to be $250,000/coin by 2022),
From where that is coming, I dont know anything about that.
