Post
Topic
Board Altcoin Discussion
Re: Can any other crypto replace bitcoin?
by
Dhruvv1
on 16/08/2018, 16:44:34 UTC
Bitcoin is not the “Yahoo” before a “Google” of Cryptocurrency. If we must make an analogy to compare digital assets, it is more accurate to say that Bitcoin is like gold, and altcoins are like platinum, oil, or silver. They are digital assets, not companies, and they are each valuable for different reasons (most of the altcoins are valuable for speculative reasons alone). Bitcoin may not remain the most valuable cryptocurrency, but I can’t see a path where Bitcoin is abandoned entirely. Bitcoin is in Space. There are satellites broadcasting the network to a majority of the world at the moment. This means that anyone with a satellite dish and a computer can participate in Bitcoin. It no longer relies on the internet functioning to work.