Quote from: avikz on Today at 11:19:06 AM

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"Silicon Valley Venture Capital Godfather" Tim Draper (Tim Draper) believes that people will turn to high-quality and decentralized cryptocurrencies such as Bitcoin, and some weaker cryptocurrencies will become historical relics.

I truly belive in this! But bitcoin doesn't have to destroy anything to be honest! It's just about time, the shitcoins are usually rejected by the market and no one really cares about it! That's the usual dynamics of the market. Bitcoin doesn't have to do anything here!

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Bitcoin doesn't really have to do anything to destroy junk altcoins. They will destroy themselves when they are unable to compete with other altcoins. Thousands of altcoins have continued to appear but only a few have survived to date, as Bitcoin continues to hit new ATHs.

Quote from: Cookdata on Today at 12:05:05 PM

The growth of bitcoin is still far from over, and while I acknowledge that some corrupt centralised organization greed has hindered bitcoin development, it is also a good thing that they are exposed because it will improve the system's hygiene and transparency, which has been the foundation of satoshi and so shall it continue to remain.

It's still early days and bitcoin still has a long way to go. Bitcoin alone will be mined in 2140 and of course, those of us who are currently commenting will not be there at that time to witness bitcoin being mined. Governments hinder the development of bitcoin because they want to regulate bitcoin even though they can't complete. some countries apply taxes to bitcoin users and provide strict regulations.