Post
Topic
Board Beginners & Help
Re: No late commer in cryptocurrency
by
Lucius
on 15/07/2021, 09:56:28 UTC
Do you really think that a new crypto king will be born? I always thought we already had a king on the throne with an army of tens of millions supporting him.
We share same thought. However, no king lasts forever. At a time the kingship is transfered to a prince for continuing. Or will BTC exceptionally be an everlasting king?

Here of course we speak in metaphors and call Bitcoin the king of cryptocurrencies, so if you want us to go literally in that direction then we can say that Bitcoin was born as a king because it was the first and without competition. From then until today, Bitcoin has built its reputation and strengthened its position and today is arguably the best known and most trusted cryptocurrency. Anyone can be proclaimed king, but few deserve the respect and loyalty of their subjects.

It is true that nothing lasts forever, but we should not forget that all possible imaginary crypto princes have a terribly difficult task in overthrowing the king from the throne - of all coins/tokens only Bitcoin is really decentralized, everything else is pale copies chasing profit.