Well, you are right, a market where competition or alternatives does not exist, is not complete, and I bet that those participating in such a market will blindly lose a lot of opportunities without even knowing it.
I believe this is why we have bitcoin, which is the main and original cryptocurrency, and we have altcoin, for those who are looking for an alternative to bitcoin in cryptocurrency investments and trading.
And when we come down to worldwide investment assets in general, we have company shares and bonds, we have the real estate, we have land and properties, we have precious metals, we have cryptocurrencies which happens to be the latest innovation, and so on.
And coming to shares, tesla fall under it, and coming to cryptocurrencies, bitcoin fall under it, all this are investment opportunities created for man, Anyone anybody is comfortable with, he or she will go ahead and invest in that area, this is the beauty of choices, alternatives, and diversity.
I believe this is why we have bitcoin, which is the main and original cryptocurrency, and we have altcoin, for those who are looking for an alternative to bitcoin in cryptocurrency investments and trading.
And when we come down to worldwide investment assets in general, we have company shares and bonds, we have the real estate, we have land and properties, we have precious metals, we have cryptocurrencies which happens to be the latest innovation, and so on.
And coming to shares, tesla fall under it, and coming to cryptocurrencies, bitcoin fall under it, all this are investment opportunities created for man, Anyone anybody is comfortable with, he or she will go ahead and invest in that area, this is the beauty of choices, alternatives, and diversity.
Even if Bitcoin and Tesla were in direct competition with each other, there would be space for both to co-exist. Ethereum is an excellent altcoin, it has contracts and is modelled differently to Bitcoin. The same for USDT or DAI (regardless of 1:1 ratio potential pitfalls) and also XRP, they have their own benefits to bring to the table and all are co-existing.
I suppose if you were an investor with a few thousands to invest, in that case there could be a dilemma about where to invest if you narrowed down your shortlist to just Bitcoin and Tesla
I suppose if you were an investor with a few thousands to invest, in that case there could be a dilemma about where to invest if you narrowed down your shortlist to just Bitcoin and Tesla
But the Goodnews in this term is that, there is actually no competition between tesla and bitcoin, anybody with a properly working brains would know that in the near future, Bitcoin will be sitting among the top 5 assets with the most market capitalization globally, tesla cannot compete with bitcoin in this regard, this is very certain and not a thing to be surprised about.