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.
Bitcoin is a time-able coin. Now its usage has increased many times. Bitcoin is now being used in all the daily works.But I think it Could not reach its goal.Because now almost 30% of the people in the world are using Bitcoin. When Bitcoin is used (80-90)% then it can be said that Bitcoin reached its target.