7. A competing protocol could overtake it.
I must admit that I don't really understand Ethereum but it gives me the impression that it's
extremely ambitious and doesn't pose a threat only to bitcoin but to a whole part of the internet. Now what does it
actually do that bitcoin doesn't? What would be the pros and cons of using ether against bitcoin? Because now, as was said before, bitcoin has a huge advantage, which is that it was by far first on the market, so ether will have to be
really good, if it is to take bitcoin down. Is it that good, now?
Whatever it does, Bitcoin can be upgraded to be do it too. This is why people should not be worrying about competing protocols but rather welcome them. Their features can always be implemented in Bitcoin if they seem decent enough.
basically those protocols maybe be seen as an altcoin right now, just good tests to be implemented in bitcoin, like some good altcoin as monero and other
and bitcoin is still in beta...so it does not make sense to think that it can be surpassed, when bitcoin itself is not even finished