Quote from: Fivestar4everMVP on October 28, 2023, 03:24:24 PM

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.

We could provide proof of that with other stuff. Like how Tesla is in a world where there are other car manufacturers, and is no longer the only electric vehicle neither, and yet they are still the biggest, they created a company that is so big that within less than 20 years they became the biggest car company in the whole world, became even one of the biggest companies in the world as well, they are incredibly huge. That didn't happen because they had no competition, they had competition and still went up.

Bitcoin is not the only currency in the world neither, nor it is the only asset, and yet with all that competition we have still seen bitcoin grow this much as well. They both have competition in the field that they exist and they both grew strongly even with the competition, sometimes even growing with the competition while at other times growing in spite of competition. That is why if they were on the same field, they would still grow together.