Myspace was the first kid on the block. Do you use myspace?
RE: When to Buy in New Era of Cryptocurrency Regulation
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When to Buy in New Era of Cryptocurrency Regulation
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Look im not saying that no crypto currency can take over bitcoin's spot. im saying that being the first kid on the block is a huge advantage . Bitcoin is the decentralized, leaderless standard at the moment despite the fact that it is still centralized. I do believe that other currencies can get ahead. For example, If cardano is able to decentralize and implement a treasury model in a reasonable amount of time then maybe they can get ahead but bitcoin still has the best chance as of now. Then it's ethereum, and then it is cardano.
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I honestly think Bitcoin will probably have a relatively high value (maybe more or less then the current value) as it finds a niche with block chain collectors much like post stamps.
Other blockchain platforms are already ahead if you take the monetary value out of the equation. This is my opinion, I look at this from technological and utility point of view.
''Cryptotrading'' doesn't interest me in the less. I actually exchanged most of my Bitcoin fund for other blockchain tokens that solve problems. I think that's where something truly as value or not. Blockchain platforms like Cardano, EOS, Ethereum and etc do strive to solve many problems with the technology and the world at large.
Bitcoin is bogged down with many ''cryptotraders'' or miners who can't look past the $$$. Many of the criteria that held value for Bitcoin are slowly being taken over by other currencies or platform. Anonymity, exchange and storage of value have all been improved by other players in the blockchain ecosystem.
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