Post
Topic
Board Bitcoin Discussion
Why Bitcoin can never be beaten by any other cryptocurrencies?
by
ConnerDalfino
on 22/03/2021, 06:40:11 UTC
It's always possible that another cryptocurrency could overtake bitcoin as #1, but there's only one altcoin that currently exists that could possibly do that and I really don't see it happening. Another cryptocurrency could be invented and possibly overtake bitcoin one day, but bitcoin is currently the most secure, most decentralized, most valuable, most adopted, and most fairly launched cryptocurrency that is currently in existence, and it also has the biggest infrastructure.

Satoshi created bitcoin to solve the problem of trust with governments and to be a store of value that can be sent/received anywhere/anytime without permission or trust of anyone else. Over 99% of altcoins were created to enrich their founders and over 99% of them have no future. None of them are as secure, as decentralized, or launched as fairly as bitcoin. Cryptocurrency is full of scammers/grifters, ignorance, and people that actually believe the lies because they've been sucked into shady cults. People use altcoins for trading/gambling to increase their bitcoin stack or even their ethereum stack if they don't understand bitcoin and cryptocurrency. Gambling on altcoins can be very profitable during a bull run, but you can also lose bitcoin.

Satoshi took careful steps to make sure that the world would look back and observe that bitcoin was launched fairly:


    No premine (Satoshi didn’t grant himself any coins)
    Gave a 2 month heads up before launching the network (no sudden release and no mining before release)
    Coins had no value for 1.5 years so they circulated freely (this cannot even be replicated)
    Satoshi never cashed out (unlike every other founder in history and I bet that it never happens again)

Satoshi created bitcoin for the world and he never even cashed out. He did it for us and he didn't even profit from it. It's truly amazing and it's 100% impossible to ever have a cryptocurrency where the coins are circulating in the wild freely for 18 months before having any value. I also don't think that we'll ever see another cryptocurrency created where the founder never cashes out. It's also decentralized with the nodes in full control and there's no central leader, which is probably why he left us because it was best for bitcoin's success. No premine, no developer fund, no developer tax, never sold, no profit, no fame for his real identity, and he gave a two-month heads up about before he launched bitcoin. Everyone altcoiner has Satoshi to thank for all of the cryptocurrencies that even exist. Satoshi paved the way and i's impossible for anyone to ever replicate the exact way that he launched bitcoin because the genie is out of the bottle and cryptocurrency now exists.

Your thoughts?