We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1
- Store of value
- Services in addition to simple money transfer
- Convenience
- Security
- Investment/speculation
- Safe transfer speed
- Privacy
- Freedom from globalist control
- Other
For my own opinion,Bitcoin is the number 1 in terms of Store of Value,Services in money transfer,Convenience,Security,Investment and etc because all of these things are contained in bitcoin.We all know that bitcoin is most popular when it comes in investment and etc.So people will choose the most popular cryptocurrency so bitcoin become number 1.
Bitcoin became number 1 because of the investors and users. the more users and investors are in the bitcoin community the higher the possibility it will stay still on its ranking. As far as i know, bitcoin was the very first crypto so i think, that is one of the reason why bitcoin is number 1. On the other hand, bitcoin is absolutely number one in store of value and convenience.
We can say that bitcoin is number 1 if it is more important than pesos. If we can use it in our daily life, use it to buy and transact even at the small business here inbour country. But if we will be looking for an investment the bitcoin is really number 1 because itbis the fastest and easiest in making lots of money.
Bitcoin can say that it is really number 1, due to the number of users of it, day by day the investors of it are really getting too high.