The growing demand for Bitcoin is unprecedented, it has been forecasted that the demand for btc will continue to grow even as awareness and adoption increases now and in near future.
We also know that Bitcoin dominance over altcions has gone very high, there are no indications for a decrease at the current index rate which stood at around 62%, very is high for altcions bullish momentum, or the much anticipated altcions season.
Most altcoins are worthless and I observed that people are getting to understand this fact. Even the so called $TRUMP memecoins made more people poor than rich. Bitcoin will keep dominating the crypto market because of its reputation and wide range acceptance.
Now, I think that Bitcoin has the capacity, based on it's continuing awareness and adoption to dominate the faits in near future, though this, in my opinion may causing fears on the Fiats economy, hence the rising regulatory concerns in many countries. Do you think Bitcoin will dominate fiats in near future?
How will you compare a currency that can be printed unlimitedly with Bitcoin? Fiat will continue to serve its purpose as a centralized medium of exchange. While Bitcoin will continue to serve as a decentralized currency for people who value privacy and freedom.