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.
My speech may look like I am a shitcoiner but I am not. I am only making an assumption or the possibility of a new tech to surface someday or maybe never, but we should consider Bitcoin because it's important as of this generation. I see how many where attacking me on this thread as if there is no possibility of new things to come even though it may not be like Bitcoin. We can not forget that when Bitcoin never came to existence, many didn't believe that something like Bitcoin will come and supersede gold. Never in their life will they think of that but today we are now familiar with Bitcoin and forget about what people once said about Bitcoin not being possible
to outsmart gold or
calling it scam
, but today here we are
with full Bitcoin acceptance. I am a full time Bitcoin maxi.
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?
Preparing to switch or not, that is not necessarily because I am only speaking base in speculation, absumtion or probability but not sure it may come or not I have fother stated that we should prioritize Bitcoin since it's the only digital asset for long term investment. The switch statement doesn't really matter, all what matters is taken Bitcoin seriously because it's the only asset for long term value.
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..
Yes I am focused on Bitcoin and not ready to switch, and for now there is no technology that can beat Bitcoin for now but theoretically or practically so there is no point for me to bother myself since all I was saying was base in theory and no prove, we can not classify it as anything because there is no prove.