Hi guys, just wondering about other peoples opinion on this.
In order for the world of Crypto to grow and be mass-adopted, do you think crypto needs to step out of the shadow of Bitcoin or do you think its the other way round and that people should scoop up Bitcoin and let it always rule the roost?
I only say this as any sort of negativity that Bitcoin receives, shouldn't really affect some promising projects and cryptos that are essentially doing their own thing and making their own progress- only to be pegged back by Bitcoin losing value!
Yes i understand that all cryptos are tethered to the price of BTC, but will it/should it always be that way?
I think other cryptocurrency should really be having their own trading pair with fiat so that alts will not be affected anymore when Bitcoin price drop or goes up. If the same thing will happen in the future other cryptocurrency will not be able to compete and will always be used only for trading and no real world uses like what Bitcoin has. And I think time will come that alts will be independent because some exchanges are already implementing fiat trading pairs for some cryptocurrencies.