Bitcoin Forum

Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."

He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."

Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back

I like this quote from the man

He is very supportive of bitcoin technology, but he doesn't like appreciate bitcoin - he is able to also reflect on other investments that are also popular and successful and he understands that these ones also have a place in the ecosystem, very open-minding thinking.

I agree with this as well, a lot of people miss the open-ledger side of blockchain technology when it's one of the most important features and helps users feel a lot safer with it's transparency.

This is exactly why stablecoins like USDT, TUSD, DAI, Libra, etc. won't gain much popularity. Cryptocurrencies and the blockchain technology were created with a scope - that we get rid of all the centralization and excessive control of authorities over the world. Corruption is at all time high level and transparency is nowhere near where we would like it to be. By adopting Bitcoin and blockchain & adiacent tech like smart contracts I'm sure we will make a much efficient & fair world.

Many sweet sentences circulate about the potential of BTC, but I want to know how the world adopts them simultaneously. The bitcoin-blockchain solution for verbal justice looks real, but bureaucracy is very complex. If bitcoin is used in political power, prices can be manipulated worse than before. this would be an economic apocalypse worse than fiat.

Bitcoin is so popular that no cryptocoins is still can gained this perception till now or even in the future. Stable currencies ( USD, EURO, POUND etc) are different and it not like Bitcoin. I think he is little bit right.

I really don't think there is anything above Bitcoin at the moment, but as of now, we are on the verge of there being a 4th generation of Blockchain technology. Many people say and agree that Bitcoin was the first generation. Ethereum was the second with it's introduction of smart contracts and tokenization. It's arguable but EOS may be considered the third wave of Blockchain generation technology. EOS has delegated proof of stake, which makes proof of work obsolete and EOS scale-able.

And this will continue for a very long time, bitcoin will be the most value on the market.

We should not be too emotional towards BTC, it has its own pros and cons just like fiat currency. There are few things which BTC needs badly to gain global acceptance. The first is regarding regulation issues and second is about scalability.

it depends on your definition of popularity!
for example Tether is already very popular if you believe the daily trading volume of it and define popularity by how much people are using it. or for example Libra is something that has a big name (Facebook) behind it and it automatically is being advertised and is ahead in popularity.

but it is important to know that you can not compare things that are not in the same category! for example all these centralized coins should be compared with banks, paypal,... not with bitcoin.

Stablecoins actually gained popularity. Why? Simply because having stablecoins eliminates the risks of volatility through assets like bitcoin. Along with that, not everyone(or probably even majority) don't even care about decentralization and security in the first place! This is the exact reason why for some reason people still "invest" in other cryptocurrencies like XRP, and other worse shitcoins.

Too late for that, tether is popular because a lot of people are scared of volatility, a lot of so-called traders entered the market for quick gains but they are afraid to leave their funds in some coin and they quickly convert them to tether so they can sleep easily at night.
It might not have gained traction in RL shopping but it might and at that point..god knows what might happened next.

Unfortunately, the masses are all about $ and instinctively when they don't have a clue what will happen next they tend to switch their stash to something that would not lose value against the $ no matter how bad the news hitting the crypto world is. Quite interesting, a lot of people also predict the fall of the usd and euro but that isn't making them switching all the savings into crypto either, no matter how scared of a fall they are they still keep their funds in fiat. Because of convenience, because of...who knows.

In short, it's a bit too late for those coins to NOT gain popularity or even more popularity.

NOTHING IS ABOVE BITCOIN


Quantum computers are.

Blockchain latest news: a state-owned quantum computer could break blockchains in as little as three years  https://www.computing.co.uk/ctg/news/3033006/state-owned-quantum-computer-break-blockchains-three-years (https://www.computing.co.uk/ctg/news/3033006/state-owned-quantum-computer-break-blockchains-three-years) 'A commercially viable quantum computer is still probably a decade away but the first rudimentary, state-owned device capable of breaking common one-way encryption algorithms like AES and elliptic curve cryptography could be with us much sooner.'
'Whoever achieves it first - and it could be within as little as three years according to Cheng - don't expect to learn about it in the news.'


'Quantum computers will surprise the Bitcoin community.'

Choosing a stable coin is not an indicator that a person cannot utilize the functionality of cryptocurrency, everyone has their own tendencies, right? there are those who like risk, there are those who prefer the safe way so that occasionally apply a trading or investment strategy using stable coins if something happens that is unexpected.
Yes, so as long as we can still use cryptocurrency safely, it doesn't matter if you don't follow the initial essence, and there are no rules you have to hold volatile coins or tokens if the situation is chaotic and difficult to predict.

That is 100% truth and there is no single cryptocurrency over the Bitcoin in all the aspects because many people giving attention to Bitcoin only more than any cryptocurrencies so as a service person for investor everyone will love to to invest on Bitcoin and utilise Bitcoin more than anyone.

I totally agree, and I'm not even sure why anyone would want to own any of those outright--I can see the need for them on exchanges, where you'd want to have a cash equivalent (maybe) in order to make more trades or something like that, but why bother holding a stablecoin instead of cash? 

That may well be true, but bitcoin is still rocking the house as far as cryptocurrencies go, except for its price lately.  But every other crypto, including ETH, has also gotten hammered by the market.  It doesn't matter if bitcoin doesn't achieve mass adoption as a form of money.  It will still remain a good investment tool.  It's got the strongest community by far, lots of miners, lots of support.  All of that can't easily be taken away from bitcoin, believe me.

He is correct. Only bitcoin combines permissionless, censorship resistant, decentralized, borderless, immutable and unconfiscatable into one neat package that is pretty easy to use.

quantum computing is just as . to dumb it down. bios/firmware level programming. much like asics.
it will take time to scale up to be more generalised to be like a DOS platform and time again to scale up to be a colourful multitask windows platform

what people dont realise is these tests that quantum computers are doing is tasks designed for qubits to solve fast.. and then obviously because binary is not qubit would take binary longer

however just because a qubit problem can be done in 3 minutes but may take a binary computer 10,000 years
does not mean a 10,000 year binary problem will be solved in just 3 minutes on a qubit system
so relax a little

I don't think i will agree with him on what he is saying. As it stands now, Bitcoin is actually struggling to gain mass adoptation in the mainstream financial transactions. In as much that Bitcoin makes it possible for everybody to gain financial freedom and also provide decentralization, you can not just conclude that nothing is above Bitcoin. Bitcoin has a long way to go before we can finally say and classify bitcoin as something that do not have anything above it. His reasons are not enough to conclude that nothing is above Bitcoin.

Many conclusions occur with how bitcoin, obviously maybe some say true that nothing is above bitcoin at this time, but you also have different perceptions as you say. but we know that the blockchain is very reliable in all transactions and is headed in a more modern direction than returning to traditional transactions. this is the advantage of crypto that all have different interpretations.

What Adam is saying is technically correct! However, we need to look at the reality! The benefit of bitcoin is actually its biggest enemy to gain adoption. If bitcoin were not pseudo anonymous and easily trackable, governments around the world would have adopted it into the mainstream economy! Governments are protesting the inclusion only because they know that, its beyond their reach to control bitcoin!

So Adam is right technically, but the reality is somewhat different!

Unfortunately, we need more that sweet words for people to really adopt Bitcoin. After more than 10 years of existence, we are still wondering where is that massive adoption of Bitcoin can be coming from. Lately, the news coming from China caused some sparks all over the cryptocurrency market though it was just another Made-in-China falsehood as we now realized. Maybe we are looking at the possibility that if the government of China will approve of Bitcoin then there will be a massive adoption of cryptocurrency in that hugely populated country. But why look at China, in the first place? Is it not because in other countries we are beginning to see dull moments with Bitcoin? I am a strong supporter of Bitcoin, but we have to face the facts and realities so that we can be able to rectify and do something about these potential game-changing situations. Sweet words will never lead Bitcoin to where it should be and can in effect even be masking the real problems.

He said nothing is above Bitcoin in the context that (1) nothing governs Bitcoin, (2) other altcoins that is decentralized is still no match to what Bitcoin already achieved, (3) it could also be considered above stablecoins since such coins are manipulated/controlled, and (4) all those blockchain-powered applications are non-sense if they aren't going to be transparent. Transparency brings the power back to the people, wherein secrecy is difficult to achieve and therefore, corrupt practices are lessen and easily traced in whatever application it is applied to.

This is why banks are threatened and most of them are doing their best to prevent Bitcoin from hitting the main market while some other banks are open about the adoption. Bitcoin is the king not because of its value alone but also because of its technology. We may down right now, but the future is still bright and good for bitcoin we will see the mass adoption very soon and at the right time for us.

of course bitcoin number 1, the others are only an alternative to fix or substitute if there is at least a lack of components owned by bitcoin.

This reality which you are taking about will change one day. No one wants governments to take control of the financial system and no one want to pay heavy taxes. Governments cannot forever control this system and if people decide to use bitcoins and keep their saving in bitcoins (and not in banks), the banking sector will fail. Its just a matter of time when people will know the benefits of bitcoin and will use it in their day to day transactions.

Bitcoin is a decentralized, deflationary, censorship resistant and alternative to fiat controlled by governments. why would you want a centrally controlled crypto that's pegged to the very thing that bitcoin is trying to disrupt? Stablecoins are an antithesis to most of what crypto stands for. they exist today simply because the cryptocurrency market is young and volatile and many crypto exchanges don't want to deal with the hassle of supporting the regulatory requirements around supporting fiat currencies. over time as the liquidity grows the volatility will die down. thereby the more time passes, the less we need stablecoins.

true, but only half of the bitcoin community. the half that thinks quantum computers mean the end of bitcoin. they will be surprised to see that first we are very far away from it being any danger and then when it became one many years from now they will be surprised as bitcoin will have had upgraded to resistant algorithms!
unfortunately at this point there is a lot of misinformation about quantum computers around that has made a lot of people think they are magical computers that can break anything you want with a press of a button!

Stable coins were developed to give traditional traders a familiar and safe trading tool, not for people who wants to risk, doing something out of the ordinary. They also developed Stable coins to please the regulators <SEC> to see if they could get this into the hands of the institutional investors with the big pockets.  :P

Bitcoin was developed by Satoshi Nakamoto to disrupt the traditional currencies and commodities in the market and to replace them. In the end it boils down to trust and you have to decide if you want to trust centralized coins like Stable coins.  ::)

and this is all we need to see and learn,news like this helps the moral boosting for all the affected investors of Fuds here in forum.

sometimes we almost deny to read thread because of those Fudders so having thread like this is really uplifting and giving us more confidence for future.

i totally agreed on what he says.

yes that's true, especially if we see now that bitcoin has become a trend for people to adopt and bitcoin investment is now increasing which is likely because investors are now very interested in bitcoin to be used as protection for their assets because some of them are very confident that bitcoin will give them more profit compared to fiat currency, and now fiat currency investment has faded slowly because they are bored with governments that always collect taxes when they get a little money from investing in fiat money.

I am not sure if Tether and TUSD with their unsubstantiated claims of "fiat backing" can be considered stablecoin. Though something like MAKR DAI does seem like a stablecoin because of the locked cryptocurrency that backs them.

Also, the popularity of these seems more likely a result of low bank interest rates as well as the negative interest rates that the banks have enforced in developed countries. Anybody would be better off earning interest from staked collateral as an alternative investment. This is not so applicable to the retail investors in developing countries because the interest rates at similar instruments hasn't reached similar abysmal levels yet.

It's not any exception issue, It's very simple that Bitcoin is the best crypto so far, you can't compare any other cryptocurrency with Bitcoin in terms of popularity, acceptability. or even monetary value. so it's obviously above from the other coin, still many people know Bitcoin is the cryptocurrency, they hardly know about the other cryptocurrency, it doesn't matter at the current moment that Bitcoin's mass adoption but from all the other aspect, Bitcoin is the master of this system so it's obviously in a better position, and that's why other cryptocurrencies haven't gained much space in the current market.

The stablecoins especially libra could actually gain alot of popularity, only that they are backed by fiat currencies which are dangerously centralized. Am a bit comfortable with decentralized stablecoins that aren't entirely backed by fiat.
Hopefully we will have "stablecoin" backed by things like food(nutrients rich food) with long-shelf life. Food prices are usually stable.

Everyone can have their narrative of a coin and some prefer fiat and some prefer other forms of payment and then there is bitcoin which is new in the market and not everyone can understand the full concept of bitcoin and it will take a long time for everyone to understand the real concept of having a decentralized currency, any digital currency will be below bitcoin and there is no second opinion about that but we need to go a long distance as this market is new compared to the others.

It is not really necessary to compare bitcoin or any other cryptocurrency to other digital cryptocurrencies. Cryptocurrencies without the frequent volatility or price fluctuations would be like the usual fiat currency we have around. Bitcoin has been unique with this main characteristic and essentially blockchain technology that makes it distinct from any other digital currency.

That's for sure, there are no other coins in the market that are better than Bitcoin, though I have seen a lot of them that claims to be better. Bitcoin is safe and it's not just meant for one purpose, but many. You can use Bitcoin for whatever purpose you want - there are people that would prefer to just be investing in it, while some are using it for transactions and it's always a better option than banks.. I have seen a lot of companies lately that are making use of Bitcoin to make payments, most of them are companies with remote workers ( people that are around the world and working for the company online.) they easily send payments to them without having to undergo the long processes that are being used in banks.

For now yes, we all agree with the statement that still up to this date Bitcoin cannot replace yet as the king of crypto and as the number one of all time, but we can't predict the future and we don't handle other people, there might have been cooking something that will compete Bitcoin, maybe not yet in the market and will just launch soon, we don't know yet so we'll need to watch out for this.

We can all see that bitcoin dominated any other altcoins, maybe because it is the most used cryptocurrency since it was started because come to think of it, in some projects, they are only receiving bitcoin as payment or support for them, and also in some gambling sites, they are only using bitcoin as their primary money as bet, but there are some gambling sites that are using different altcoin but they first bought bitcoin and just converted it into altcoin. We can see that bitcoin dominated any other altcoin in terms of price and volume.

I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.

This is the era of digitization. Stable coins whose intrinsic value represents a certain fiat, are often used to make payment transactions that are felt to be more effective, I'm also confused why not just use fiat? I think it's simpler. Yes, but no one forbids using it, making their respective decisions, and yet it is also effective to apply in cryptocurrency trading if there is a price change that is not in accordance with the analysis.

No matter what the central bank or the government authorities tried to control bitcoin from its adoption, time will really come that bitcoin and blockchain will have its full usage from the people. With this, transparency is all the matters that will make our world out from corruption and makes it a better place to live in.

The thing is would someone prefer to control their money over a government control, banks and every third party service you use to achieve your fiat?
Answer: Yes, of course!

By that you know that bitcoin provides you the self control, freedom of moving, trading, profiting the way you enjoy the most and whenever you want, whenever you need.

That's why people dislike the banking system vs a normal crytocurrency blockchain system.
Regardless of the real world system, virtual one is more secure and it has the user as main centralization with a global decentralization.

Libra coin and USDT want to get permission from bitcoin investors, they want many people investing on bitcoin move to USDT but is not easy with profit giving by bitcoin investing than USDT, only have stable price for USDT but never can give much profit with price always the same day by day and different with bitcoin where can give much profit every days for investors.

We do know all we can see in the blockchain is the record of transactions that have been made but not the details and who those people are. You can search it on the net or anywhere where traces are left but honestly I can’t really say in what way would it help corruption but if you are saying it with regards to Blockchain only then I would say it is possible to create a cryptocurrency with this feature but why would those who are corrupt use it then it would comes down how the government would sell it to their citizens.

For now bitcoin is still the king of cryptocurrencies and still nothing can challenge their position on the top coinmarketcap. Bitcoin will going further above and i trust that bitcoin will be pump up again soon.

I agree with you ,, there is currently no cryptocurrency that costs above bitcoin. we all agree with the statement that until now no one has been able to surpass Bitcoin as the king of crypto. And I hope that I will become rich because of bitcoin ... Aamiin

Many new altcoin created every day but never can be above bitcoin with price or other thing, bitcoin is the king for other all altcoin and impossible when creating new altcoin can take bitcoin position on the first place with coin market cap, many altcoin have delist with lower price and scammer owner how to make altcoin never can replace with bitcoin price.

All alts were also dependent in bitcoin when BTC pumps or dumps, alts will definitely follow too as we see in the past trends. That's why BTC is still consider the main crypto and above all cryptocurrency, it's ATH undeniably shows how BTC is still above all altcoins. And the basis of many crypto projects.

It's such a great feeling when we get crypto enthusiasts share some supporting and motivating statements about bitcoin. This makes the community strong, we need more folks like these who believe in the technology and not folks who tumble down any time bitcoin prices plunges. No cryptocurrency can ever boast of having the success rate that bitcoin has seen over the past years.

Bitcoin has been on the top for so long and amidst all the crisis and downfall it experienced, there was still no other cryptocurrency that was able to surpass its price. It became the setter of the value for crypto and most of altcoins go with its flow most of the time. Bitcoin has a huge potential in the future and your assumptions will not be able to stop it. It may look bad right now but as time passes by, for sure it will regain its high value or get higher than ever. For all the bitcoin enthusiasts, let us all keep on believing and hoping for the best for bitcoin.

Of course, I also believe that Bitcoin is much profitable than any altcoins and stable coins
as volatile as btc is but also the much safest to hodl above all.

Of course, almost everyone already knows that Bitcoin is a very high price and with increasingly strong Bitcoin dominance, Bitcoin is still very safe to be used as an asset for the long term, especially when prices are still too low if we compare the ATH Bitcoin prices so for now it is indeed no one can match Bitcoin.

Bitcoin is still not at a very high price. Even if sate that by comparing with the other coins then still bitcoin is cheap. The total altcoins market contains lot of garbage coins and the garbage are getting clear so if we compare BTC with those coin after two years then BTC price will be higher than the present.

As of now as we can see Bitcoin BTC Is the most valuable that other there are so many stable coins altcoins but Bitcoin BTC Is the most trusted to hold.

I agree with what he said ... for now there is nothing above bitcoin, but for the future we do not know, maybe bitcoin will be a rival to one of the new coins that appear in the future .. !!

Nothing can beat the original and the first :D.

Many people can make a duplicate of it or make it as a basis but nothing can beat it and that is how Bitcoin and blockchain is. Bitcoin is created to have permissionless and free market. Bitcoin is created to disregard those stupid banks.

The majority of the comments are too biased about bitcoin being the best cryptocurrency. Though, in my opinion, do not rely often on the market statistics or the market capitalization that cryptocurrency has on the internet such as CMC and other coin listing and ranking sites. People have a different perspective on choosing their own cryptocurrency to use based on their needs and consensus if they have some other party who they make a transaction with. For example, if you are often sending too much transaction would you choose bitcoin? I rather not because of the fact that trans fee is quite high in bitcoin compared to altcoins.

this is the difference between bitcoin and stable coins. Bitcoin is growth, so bitcoin can always survive with its development. and always be number 1. while coins are stable USDT, USDC, PAX, etc. This crypto currency just moves. no growth, no reduction. so stay like that. refers to real currency that has no change. the only change is maybe inflation.

I agree with what Back said here:


There is nothing to rely on such institution if there are far more better than it, and seems useful.

Anyway, with what the OP said there is nothing above bitcoin not because it sits at the top of the market but because it proves way back then until now that it is still a good investment. Alts are just created out on hard fork to fill a certain purpose which bitcoin don't have. Thus, it makes quite a difference with bitcoin but the thing is Bitcoin's been around long enough now where people are more familiar with, that even though huge names introduced their whatever coin it is people just look at it, and still make the decision to go with bitcoin.

There a lot of things we dont know about bitcoin. The anonymity of the founder is just a glimpse. You cant fight bitcoin and be relevant again, ask Roger var but I believe a solid project could be a force in its sphere in blockchain. I like to see what China will bring to cryptocurrency next year when they launch their coin. There are trying bring coin that wont have anything to do with bitcoin, lets see the response even with the population behind it.

Well for now,that may be true,in the future, there could be changes,who knows

Bitcoin has been unique with this main characteristic and essentially blockchain technology that makes it distinct from any other digital currency.

Bitcoin and other major cryptocurrencies based on their designs are revolution to the financial industry which is about bringing financial industry to the people. It would also help achieve transparency in government transactions if inculcated into their payment systems and also reduce the level of corruption among government officials.

Bitcoin has reached a lot of achievements and has passed a lot of tests of time so I don't think any existing stable coin could surpass it. Bitcoin has built a strong foundation and has gained the trust of most users so I don't think it would be easy for any coin to beat it. Potental coins could follow its footsteps but they couldn't go over bitcoin.

actually in levels, bitcoin is by far the highest level and it seems like it will be difficult for other coins to beat or take this position for now or in the future. I believe that bitcoin will continue to be in the top position

Tell us something we don't know already guys.

Nothing is above bitcoin in so many different ways. Most accepted digital asset? check. Most available crypto? Check. Most decentralised? Check. Most secure in terms of 51% attack? Check.

Maybe one day things will change but I don't foresee it happening for at least 10 to 20 years.

Government backed "cryptocurrency"?
Well, China already has a currency... it's the Chinese fiat currency... both digital and physical. I guess what the government needs is to fully convert the fiat currency into digital coin or just use stablecoin backed by the its fiat currency. A coin that does not have the main features of cryptocurrency do not really deserve to be called a cryptocurrency,in my opinion

in terms of ranking and also its usefulness bitcoin is still ranked at the top, and I don't know about crypto above bitcoin. the usability and also the price are still the biggest dominance in this market, but if there really is I also want to know

It wouldn't be possible at all. Because the main thing we need to consider is the features just like what you've said, and the Chinese government will not possible allow that to happen. In the first place they've already developed a blockchain based identity system, and with this, it is probably they could identify their people and with cryptocurrency, they can't, and this is contradicting that is why it seems to be really impossible for them to even transition their currency to crypto.

This is a way to control your citizens. I do not see anything good in creating a national cryptocurrency because this shit coin will be controlled by third parties. Do not forget what kind of policies China pursues, the country's leaders will not allow people to use Bitcoin or altcoins that cannot be controlled. All that does not give power will be rejected by China, remember this

Banks and government are centralized and they can't control bitcoin because it's decentralized.

Bitcoin is the future of money, at least that's why I believe and I will continue to trust it, use it and invest on it.
Let's see if how the government will handle it, this is our freedom so eventually they will regulate it but the rules will be friendly to its adopters.

This is why I like bitcoin. I don't like being held back and told what to do by "the man" I agree and bitcoin creates freedom for people looking for that sort of thing. Not wanting others to have control of your money and for you to have complete control over it. Many people have felt that way for a long time but it didn't help since they could not just put their money under their bed for safety reasons so they are forced to use a bank. With crypto there is no need for any of that and the power is with you. Crypto is empowering.

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This is true to the extent of cryptocurrency world only. Nothing in cryptocurrency world is above bitcoin. I don’t think this is valid also for outside cryptocurrency domain. Bitcoin value right now is measured in $ then how can we say that nothing is above bitcoin not even central banks digital currencies?

Stable coins will gain more popularity as it is the resting place of traders in time of Bitcoin downturn.
Decentralization of cryptocurrency is not complet without the centralization of some part.
We should always consider the native system that was already in place before the advent of cryptocurrency.
To have a fair  financial system,  I still believe that the harmonization of the native system and blockchain Technology will help in achieving it.

Yes indeed, even though this is the risk, people still need stable coins because it is difficult at this time for Bitcoin and the like to be adopted. Actually bitcoin does not provide all solutions to overcome economic problems. It's just that it removes the function of centralized control. Other than that, i'm sure everyone is okay with that.

Bitcoin is also most promising and valuable coin in crypto markets.i think in future bitcoin price will more up.now many people are also wait for bitcoin price up.

Bitcoin is the best in terms of value but other things are not like that. when you compare Bitcoin with USD or Euro then this will not a fair comparison in many reasons, In terms of legal aspect, Bitcoin is not in the top 20 coins from my observation, When you don't have any legality then people will not get interested anymore but by this means, already Bitcoin has gained a lot of popularity but that doesn't mean that Bitcoin is above all, I only can say Bitcoin is above all from the cryptocurrency not central bank currency, I think this is too volatility in here.

Most popular investment of the last decade, an investment that offered the biggest gains in the last decade, the only decentralized money in the world, unhackable and impossible to steal as long as the owner is responsible. We could go on and on.
Really, Bitcoin is something groundbreaking, and it's not me or other forum members that are saying this but many smart people, like the CEOs of Twitter and PayPal. We are witnessing a monetary revolution.

Bitcoin has demonstrated itself to be a predominant cryptographic money resource throughout the previous ten years, surpassing the market top of each other coin available. Despite the fact that there are numerous altcoins that have sprung up over late years, Bitcoin is at the top from multiple points of view.

Bitcoin has stayed at the highest point of the digital currency graphs since the time it was made, and there are numerous proponents that ok it.

but investing in btc is just like gambling no one can predict the next hour of btc while stablecoins on the other hand has the edge that they are not so much volatile like bitcoin and manufactures may prefer these stable coins or banker coin for the trade. there are certain addresses which hold the 80 percent supply of bitcoin and they are the real manipulators who manipulate the market according to their will  

It is clearly seen in the percentage of world domination of Crypto where Bitcoin still dominates the market to exceed 60%. I think it's because all Crypto lovers still believe in Bitcoin more than Altcoin. The foundation of Bitcoin now is so strong that market dominance will continue to increase in the future.

even government cannot go above bitcoin so what can be?Bitcoin is above everything in terms of transactions.for me Bitcoin is the fastest payment mode i ever experienced in online system.
i can even earn just by sitting in my wallet so what more can we look for?investments in form of Currency?
i don't know why stable coins are mentioned when there is impossible for these currencies to even get closer to what Bitcoin reached.

Well, I am completely agree with  this CEO of Blockstream and HashCash despite I barely trust these types of capitalists, but he said the truth . Furthermore, it is pretty certain that nothing is better than Bitcoin even all the FIAT, despite they are pretty stable in value and the opposite is true for  cryptocurrencies. In fact, I guess that listing Libra coin ( maybe next year ) will defnitely affect on Bitcoin in a positive way because the community of crypto will increase dramatically especially after that event. Better things is going to happen.

I agree with the statement of the CEO, and I believe that what makes it (bitcoin) powerful is that no one is above it who really controls the flow of the system. There are a lot of benefits in using bitcoin, not mentioning that it can be used by anyone, anywhere in the world. The con that I can only think of is when people use it to illegal transactions, and so there is a bad image of bitcoin to those who are not familiar of it.

Bitcoin is steady and decent volume at the moment but you never know whats going to happen with the rate. The 2nd famous coin is still far behind, but we all know what happened with Bitcoin a while ago, then it was also just few cents worth. I am really curious what will happen with other coins with the value. Bitcoin can also collapse

Agree with you, altcoins are also hope of cryptocurrency and shouldn't belittle. They have the capabilities of surpassing bitcoin soon. It's true that bitcoin is still gaining much value but does the high value will exist for many years? We don't know.

If bitcoin is the greatest, it doesn't mean we shouldn't invest in the smaller ones. They are being called an alternative for a reason.

It is really the decentralization and market dependent cryptocurrency is the thing that makes bitcoin to be the king in the market. Many people prefer to use it because it offers better way of transactions unlike those currencies that involves third party. As of now nothing can beat bitcoin and I think it will go that way for a very long time.