@JayJuanGee -- You are really losing it, dude. You need to calm down.
All I am saying is that El Salvador looking at non-Bitcoin currencies, and thus breaking Bitcoin's monopoly there, is an indication that Bitcoin doesn't do everything El Salvador needs, which is a clear, concrete indicator that non-Bitcoin currencies have a place in the world, and thus they are not "shit" as you keep calling them.
You are the only one full of shit.
1) bitcoin did not have a monopoly in El Salvador
2) I never claimed that Tether was shit... or a shitcoin, even though I did agree with you that Tether has some problems.
You are the one who seems unable to figure out what point you were wanting to make, if anything beyond trying to foment confusion and perhaps striving to derail our discusssion here.
And insofar as Bitcoin has competitors that are not "shit", that means... Bitcoin has competitors--and serious ones.
What a drama queen you are.
Bitcoin is a very new asset class, and it is quite tiny in its size, and in spite of its tininess, bitcoin has been eating the lunch of the world's monies and the world's assets.
Bitcoin made a lot of progress in a very short time, and it is quite likely that there are going to continue to be battles about bitcoin, yet bitcoin will continue to eat the lunch of assets and currencies, since bitcoin is the soundest of money known to man, and value will continue to flow into bitcoin for years and years and years, in spite of likely battles along the way.
there are a lot of places that value is inefficiently being held, and bitcoin will suck up that value since bitcoin is a much better place to store value, including that bitcoin has the other various monetary properties superior to any other assets and/or currencies.. including but not limited to its scarcity, divisibility, transportability, its verifiability and the ability to use it without permission and taking away various rent seekers and also those who are imposing unnecessary costs and other obstacles.
Some people love Bitcoin so so much that the very idea of there being another non-Bitcoin currency in the world makes them go ballistic. People here on the forums call those people, "Bitcoin maximalists" or, "Bitcoin maxis" for short. I get loving Bitcoin, but... this seems a bit narrow in thinking to me.
Apparently it's narrow thinking to the government leadership in El Salvador, too.
You seem to just love making up shit and making up categories so that you can create drama, have arguments with yourself and even win in your own creation of arguments - even where no drama likely exists. Perhaps at least you have coins, but not easy to figure that part out since you seem to be waffling all over the place in terms of what you are arguing about in the first place.