we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
First Bitcoin technology cannot die no matter what, and if Bitcoin dies, then we will go back to our bondage, I mean financial bondage placed on us by government and also continue finding it difficult to make transactions easily amongst ourselves without delays and the interference of third party.
The only thing that can make Bitcoin die is when all government of the world comes together to declare it illegal and penalize whoever uses it, then secondly, Bitcoin can die temporarily if it stops getting volumes, and for it to stop getting volumes, it means we would have generally stopped using it which is absolutely impossible for now.
Bitcoin ushered in blockchain technology, what will even make it to die?
Nevertheless, assuming it happens, although it won't another coin will take over. What we are to know is that the crypto space has come to a level where going back is impossible, rather it will continue moving forward.
I do not think it will be possible for any coin to ever take over Bitcoin, because majority of the coins we have now still depends on Bitcoin and moreover, Bitcoin still remains the only cryptocurrency that runs fully on decentralized technology, I just see other coin deceiving people they run on decentralized technology, meanwhile they dont.
Cryptocurrency will never die, the only thing I just foresee if it gets too deep beyond government control is for them to create a global cryptocurrency through general agreement and then impose this currency on the people of the world, which I also really doubt the possibility of this as we do not have the unity required to do this.