Post
Topic
Board Bitcoin Discussion
Re: What if the second Satoshi appears?
by
HONDACD125
on 05/11/2023, 08:34:34 UTC
Right. Satoshi Nakamoto created Bitcoin. He's a genius. Bitcoin systems and communities are working perfectly, and everyone is crazy about Bitcoin. But what happens if someone creates a blockchain that is faster and better than Bitcoin and puts it out into the world without any greed, as Satoshi did? Are people going to ditch Bitcoin away? In that moment, we're going to see a blockchain that's performing better than Bitcoin and is perfect for decentralization that everyone emphasizes. What will happen?

The first thing is that there have been many crypto-currencies that imagined themselves in comparison to Bitcoin, but so far no coin has shown its performance better than Bitcoin.However it is possible we cannot say that it cannot happen at all. If this happens and there is a coin that performs better than Bitcoin, I don't think it will have much impact on Bitcoin,because each has its own characteristics, even with the presence of Bitcoin, you will find many people investing in altcoins.

Although Bitcoin is currently the safe and best investment option in the entire cryptocurrency market.If someone outperforms Bitcoin, people will prefer to invest in it, but that doesn't necessarily mean people will leave Bitcoin,but these are all fictitious things and assumptions made by us. It will be known at that time if the situation really arises like this.