Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin will remain the greatest crypto currency in the world.
by
Synchronice
on 18/04/2024, 20:45:07 UTC
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
It's a bold statement to say remain, especially when developers don't want to do anything new with it and in this, I mean, for example, increased block size. Bitcoin can't remain the greatest cryptocurrency in the world with 1 MB block size, it simply won't be able to handle a big number of transactions. It's also sad but Bitcoin is losing decentralization and more and more centralized entities are getting control over it. People also keen towards using centralized service providers instead of decentralized ones.

To my mind, the only thing that makes Bitcoin truly exceptional and probably the GOAT currency is that it's one of the first cryptocurrency and we don't know who created it. That's the magic that Bitcoin has and no currency will be able to copy that magic. Everything else is copyable.