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
I agree that bitcoin can't be number one in all the above-mentioned factors. Bitcoin may not have the fastest transaction or may fall short in all the other factors. But let's accept the fact that despite this, many consider Bitcoin as the gold of cryptocurrency. In fact, it is by far the cryptocurrency with the highest adoption rate. So, for me Bitcoin will always be number 1 in terms of Store of Value.