Quote:
Originally Posted by island911
Yep. And I agree with Wayne that a better system will likely arise and MySpace BTC. Perhaps a gold-backed version, but really, the various "wallets" have a leg up. IMO.
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Well, BTC is evolving as well with things like lightning network ect. Not sure what you mean by "wallets" in this context, as all cryptocurrencies have wallets, no one in crypto wants a gold backed anything in my opinion, BTC is seen as the exchange currency already and its volitility will continue to fall over the coming years. I do not think any currency will dethrone BTC due to its first mover status, reserve and exchange status, store of value factor and the credibility of basically 12 years of secure network with no down time. Others are already better than BTC at many individual use cases, but none have the whole package that BTC offers. It'll be an interesting next 20 years.