I think bitcoin has been one of the biggest innovations of the human in the past years. Many altcoins have been created after bitcoin. But none of them have been successful as bitcoin is. Why is that?
Why no altcoin can replace bticoin?
Every new thing and every technology is usually replaced by a newer one as the world is always developing.
There is no doubt that bitcoin is one of the biggest innovations of the human in the past years. People trust on bitcoin but they can't trust on any altcoin like they trust bitcoin. I think this is the most important different thing between bitcoin and altcoin.
The first television built was mechanical, then electronic television were invented, then colour televisions, digital, 3D, ....
The first automobiles invented were steam-powered wheeled vehicles, then electric automobiles appeared. Now we have autonomous cars. Now we have Tesla model S. Now we have Lamborghini.
All of us know about the developments made in mobile phones.
Those thing you are talking about are very old. Bitcoin and altcoin came in this world like 10 years. I think this take some time for change it (if it is possible).
Every thing is being developed. Every device is finally replaced by a newer one. Why no altcoin has replaced bitcoin till now? Do you think it will happen in future?
I personally think people will trust what Satoshi has created more than altcoins till many years later.
Altcoins are created to make the developers rich. But bitcoin is different. Bitcoin was created in favor of us. So, no altcoin can be trusted as bitcoin.
What do you think?
That's one of the good point you gave also. In this cheat or scammers world trust is the most value able thing at this moment. And of course people believe trust able thing. Why they just believe in some scam altcoin which is not trust worthy.
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