Going back to OP, he said,
Obviously other currencies have been aiming to tackle the scalability issues that Bitcoin is being presented with.
Obviously if the Lightning Network is not successfully implemented, the likes of coins like XRP will fill in the gap that banks need for fast cheap liquidity.
Will the lightning network be game over for the rest of the ALT coins that are borderline built on scalability?
Let me know what you guys think.
No, I believe you don’t understand that the difference is Bitcoin is an open, permissionless system that any individual and organization can use. It’s a different “flavor”, and should NEVER be compared to closed, permissioned systems that has shitcoins with doubful regulatory status in them.