I personally believe that bitcoin will likely outgrow a lot of assets for a long time into the future, but surely the steepness of the growth curve is going to continue to be less steep. The punchline in the end does not point to some other place in which we should put our money, so we just have to do what we can do, even if we happens to be new and/or early in our bitcoin accumulation journey.
I agree with you because there has yet no other assets that have physical or technical traits that can compete and win against Bitcoin in the present. In the future, I don't think any altcoins can be designed better than Bitcoin technically so there will be no Bitcoin killers.
Gold can not change its traits, and if any change occurs, it will only increase gold circulation and total supplies.
Altcoins as proven in many years can not compete with Bitcoin.
there is no digital asset that can compete bitcoin for now, but we can be sure it will be like this forever. life is unpredictable and the only thing constant in life is changes. there is a possibility that another thing may supersede bitcoin in the future just as bitcoin came into existent and superset gold. this new development may not be an altcoin but another form of technology. altcoin will forever be under bitcoin and can never do better than bitcoin. all we can do for now is to accumulate bitcoin stash as we can be able to now, since it is still the best digital asset to invest for now. life is all about switching to a more profitable, reliable, trust worthy and more long lasting investment that is more guaranteed. just as people shifted from gold to bitcoin. anything is possible in the future but like i said for now let us utilize bitcoin.
You talk like a shitcoiner to put out the idea that there could be another and better bitcoin, so we should be ready to switch if that happens.
Sure, I am with you that technically and theoretically you are correct, but still, we have nothing that is even close to bitcoin, so why do we need to be prepared to switch?
For now, stay focused on bitcoin, and yeah, I have no problem to be ready to switch if necessary, but you are speaking totally theoretically, and it seems quite unlikely that any thing is going to come along that is better than bitcoin..
Bitcoin had a bit of an advantage because it broke the paradigm and solved the double spend problem, and it was alone being built on for several years before any copy cats came about, and even the copy cats would probably need to be 10x or more better than bitcoin in order to cause a switching.
So, I thin the point should be to stay focused on accumulating bitcoin through buying it persistently, consistently, ongoingly, regularly and possibly even aggressively until you get to a point of having enough or more than enough.