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 me, Bitcoin will only stay number one on its store of value. No matter how its price gets low. Its value for everyone remains up top, and how we value it remains the most important and trustworthy crypto above all. It can be hacked, have slow transfer speed, can be controlled by a government by banning, many things can affect its speculation, can sometimes be so unconvenient depending on the traffic, and sometimes money transfer are too costly.