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
Bitcoin will only remain number 1 for its
services in addition to simple money transfer.Its price is too unstable yet there are many factors affecting it and one that makes a huge impact is the hacking issues of cryptos that lowers the value of BTC in the market. Yes it is convenient, but not at all times. And it wasn't really secured enough and wasn't the only one to be the most secured crypto.