Post
Topic
Board Bitcoin Discussion
Re: What are the chances BTC is replaced by something better soon?
by
Nathonas
on 08/02/2014, 18:57:29 UTC
I doubt it. I believe there are a number of alt coins that are technically better than bitcoin, but the thing is they don't have this massive infrastructure that took years to build. They don't have thousands if not millions of people invested, in addition to many businesses, programmers, etc. And the only real way to build infrastructure is to be the most popular coin, at least in the current situation. Later on as cryptos (hopefully) get more accepted we will see multiple coins contending with each other and being viable as a currency, but right now Bitcoin will remain #1 for the foreseeable future because of the infrastructure it has.