Quote from: LongTimeAgo on December 05, 2021, 12:19:32 AM

Or any other alt coin for that matter? I'm wondering if and how it would damage/tarnish Bitcoin's reputation as the Gold standard of all cryptos. I believe it may also affect how institutions view bitcoin, and it may even affect the idea of digital scarcity. No longer can we assume that bitcoin (or its usurper) will remain #1 forever, so how can you imagine it as a safe long term store of value or preserver of wealth? Is the idea of true digital scarcity threatened if bitcoin loses it's #1 rank?

For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable) however, this event would forever alter how gold is perceived, especially by new potential investors.

I don't think so bitcoin loses the current rank it has, being the #1 with biggest subscribers who've been holding huge quantities; that's impossible eth would overtake btc. Many people said mere perspectives, but that doesn't give them fears over as they all knew how strong is the Bitcoin community was. Potential news investors relied with how a coin run through years, and Bitcoin had been through a lot of rising and falling scenario so it's by trend the value depends.

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