Post
Topic
Board Altcoin Discussion
Re: Will Altcoin be as important as Bitcoin?
by
Vektrum
on 23/11/2018, 18:16:16 UTC
In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
Altcoins already occupy a very good place compared to Bitcoin. If there were no Altcoins, that is, the rest of the cryptocurrencies, then Bitcoin would hardly have achieved the popularity that it has now.
However, it should be recognized that in terms of its functionality, Bitcoin is very far behind other cryptocurrencies, and this can play a fatal role for it in the future. If Bitcoin does not remain competitive, then it is natural that other Altcoins will bypass it and take its place as a leader.