Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin Adopt New coins ?
by
Wexnident
on 30/09/2019, 12:37:02 UTC
Hi,

So Bitcoin has issues like speed of transactions and energy consumption.

As there is no 'team' behind bitcoin, how is it going to develop and make sure it is always competing with newer coins?

There are alot of coins resolving these issues and people are buying into them, but why if bitcoin is considered No. 1 ? Is there a possiblity the  new coins could be linked with bitcoin or that  future bitcoin 'integrates with them and  their technology which therfore increases their prices?

Trying to understand this universe!

Thanks in advance

L




Just like what others have said, bitcoin has no team managing it because it is bitcoin. Besides, what you are saying is a problem that isn't even called a problem. The development of bitcoin as a coin itself is managed by different contributors who would want to develop bitcoin to a brand new age. Besides, bitcoin stands as the forefather of most coins and can be seen as the one who depicts whether other coins would rise or fall. Saying that bitcoin has issues means that the pillar that stands tall above other coins is just a piece of wood and not really something people would call a "pillar".
Also note, bitcoin isn't competing with others. Others compete with bitcoin. They try to surpass what bitcoin did and so far, they could do nothing but just stand and watch as bitcoin is still the overlord of cryptomarket.