Post
Topic
Board Bitcoin Discussion
Re: BTC Dominance on CoinMarketCap
by
BitHodler
on 07/07/2019, 16:18:02 UTC
How can you be so sure? That is a bold statement to make.

Maybe a competitor will dethrone it in a few years or so. I keep an open mind about this.
Bitcoin's path is clear, which is to function as store of value. It's gaining adaption on a daily basis as being that. Optionally, LN might also add utility in form of instantly and near free transactions.

I add more importance to a store of value than anything else-- cheap and fast day to day transactions are likely going to be taken over by centralized stable coins because they work as money and do that today already.

We have had tons of altcoins with each a different utility and roadmap, but none of them signal that there is actual demand for them. Crypto as a whole is just overhyped, so is the blockchain as technology.