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    Author Topic: what if bitcoin becomes inferior  (Read 737 times)
    Nheer
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    November 12, 2023, 11:34:30 AM
    Merited by fillippone (1)
     #81

    Change is a constant thing in life and as time passes we are likely to witness technological advancement but no one knows for sure when that will happen. For a new development to emerge and surpass bitcoin then it would have to make use of a different technology other than cryptographic blockchain technology else it would just be seen as another altcoin and I don’t think there will be any altcoin that can surpass bitcoin. If eventually there comes a new technology that beats blockchain technology and is also aimed towards improving on the bitcoin function of decentralization, anonymity and store of value then it is a good thing for cryptocurrency community but it doesn’t mean bitcoin will be forgotten, the two can exist on their own and it will be a win for us either way.

    I don’t think this can happen anytime soon but if in the future it happens we would welcome the new technology if will actually serve us in a good way.



     
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