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    Author Topic: Can other altcoins be a threat to bitcoin.  (Read 1325 times)
    Gaza13
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    March 15, 2025, 03:18:58 PM
     #121

    even though bitcoin is less scalable compared to some altcoins, we cannot deny that bitcoin is more trustworthy than all altcoins. it is decentralized, much more secure, and its limited supply makes it a digital currency that is worthy of being called the king of cryptocurrencies.... and no altcoin will be able to compete with it or even be a threat to it.
    Bitcoin is even more than just being called a digital gold. I think it has outgrown that title. Bitcoin is just Bitcoin, and the king of all digital assets. Its limited supply makes it unique, and the decentralised nature also makes more people have trust in it since it can't be controlled by anyone. It's not like gold, which its price currently is being affected by and increased by dollar devaluation. Bitcoin price and value are driven by demand.
    I also think it is very difficult for altcoins to match bitcoin, indeed with the emergence of many altcoins providing new features and technologies such as faster or higher transactions in order to invite or attract new investors and users, but parties such as large parties do not have too many altcoins compared to bitcoin.

    It is true what you said bitcoin has its own uniqueness and is far different from altcoins and many of them are convinced that Bitcoin has gained very high trust from various important elements in this world, in my opinion it is difficult for altcoins to match it.

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