Post
Topic
Board Bitcoin Discussion
Re: Will any other coins like Bitcoin be discovery in the future?
by
Agbamoni
on 09/01/2024, 15:30:52 UTC
Bitcoin is a decentralized currency It is very difficult to say whether such coins like Bitcoin will be discovery in the future. But in my opinion such coins will not be another discovery.

All cryptocurrencies now in circulation have the intention of conquering or outshining bitcoin; nevertheless, they lack distinctiveness and are centralized initiatives that cannot be fully trusted. Bitcoin is unique and decentralized; all future coins that will be generated or have already been developed are looking up to Bitcoin; as a result, I do not believe there will be another coin like Bitcoin.


We did not have another coin among thousand of altcoins can have decentralization like Bitcoin.
I think only XMR come close to bitcoin because it is decentralized as well.
They have the intention of outshining bitcoin, but they don't have what it takes. This is because in mass adoption takes time and it will take years for any shitcoin to get the same mass adoption as Bitcoin. Bitcoin is the pioneer of cryptocurrency and if you introduced cryptocurrency to a newbie, he would want to know which is more acceptable by everyone, which is safer to invest and which will give him massive return of investment. We all know that Bitcoin is the only cryptocurrency that is generally accepted.   

Since we cannot predict the future. The only way any alternative to Bitcoin can surpass Bitcoin is when a particular coin is fully decentralized, have a high Market capitalization, Intense security and Privacy and more.