Why is Bitcoin the “cryptocurrency standard”? The pioneer of the cryptocurrency world has characteristics that make it a gold one:

The mining process, which becomes complicated with time;
Limitations;
Significant energy costs to obtain.
James Altusher
James Altusher
American hedge fund manager and investor James Altusher, who by 49 years managed to establish 3 successful companies, predicts that a cryptocurrency may well deprive the state of a monopoly on issuing money. After all, the Internet once deprived the telephone industry of this right.

Under the assumption of Altushera, soon the currency of one of the states may fail and the country will have to switch to Bitcoin. James gave the example of Venezuela and Argentina. And just a few days after such a forecast, the news appeared that the President of Venezuela, Nicolas Maduro, plans to release a state crypt called Petro (El Petro).