Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
For trust, I think everyone would prefer Bitcoin as their main investment over altcoin. For altcoin, I think something will grow but the price is difficult to compete with Bitcoin because of trust and total supply
altcoin or whatever coin that I think will never be able to beat bitcoin because bitcoin has a very good reputation and has very high demand so many are more interested in bitcoin so that the price of bitcoin will never be beaten by other coin prices.
I agree with you because Bitcoin is the only coin that dominates this market, and all Altcoins cannot compare to Bitcoin at this time. I think with what is happening. Bitcoin will continue to hold the number one position in this market, and in the next few years, there will not be any change happening.
However, I am sure the altcoin's positions will have many big changes and new coins will have a chance to enter the top 10 altcoins if that project is of interest to everyone.