Compare Cryptocurrency To Social Media: First isn't always at the top

[Murpheus]

Facebook has turned out to be the most popular social media platform....
But it wasn't the first social media that came into....
In this case, by social media I don't want to include primitive methods like letters by horse riders or post offices and telegraph....
Only social media that came after the world wide web was invented, and from what I gathered the first recognized social media platform was 6 degrees ( never mind I never got use it my mum didnt plan me yet)

fast forward to 2021 now, most of us generation Z won't even find the name familiar.
6 degrees may have been short lived, but what of LinkedIn and MySpace who still got supplanted years later by Facebook.
Let me get to the point real quick...
Bitcoin have thrived for more than a decade, sitting unrivalled on its golden throne...
What's the probability that it would be overthrowned in the future by let's say Ethereum or by some very new cryptocurrency (as we can see Facebook came into existence years after 6 degrees, LinkedIn and MySpace)...
And What will be the most probable cause of its downfall...??

[bekti3]

Bitcoin have thrived for more than a decade, sitting unrivalled on its golden throne...
What's the probability that it would be overthrowned in the future by let's say Ethereum or by some very new cryptocurrency (as we can see Facebook came into existence years after 6 degrees, LinkedIn and MySpace)...
And What will be the most probable cause of its downfall...??

The point is the overthrow of bitcoin, as experienced by the overthrow of Facebook by LinkedIn and MySpace.
the answer is simple: bitcoin position cannot be replaced by any altcoin. Ethreum? DeFI? For example ethereum and DeFi prices are higher than bitcoin, I still say, their position cannot be changed. (The reason is that we will not know ETHEREUM and ALTCOIN WITHOUT BITCOIN BORN)

what about facebook? Sorry friends, Facebook and Bitcoin are different, where everyone can access Facebook and create 100 or even 1000 accounts. While bitcoin is not easy for anyone to own, unless he takes money out of his pocket to order bitcoin.
but facebook, you can create an account and have it for free. bitcoin is not free, mining also needs to have a large capital.

[Murpheus]

Bitcoin have thrived for more than a decade, sitting unrivalled on its golden throne...
What's the probability that it would be overthrowned in the future by let's say Ethereum or by some very new cryptocurrency (as we can see Facebook came into existence years after 6 degrees, LinkedIn and MySpace)...
And What will be the most probable cause of its downfall...??

The point is the overthrow of bitcoin, as experienced by the overthrow of Facebook by LinkedIn and MySpace.
the answer is simple: bitcoin position cannot be replaced by any altcoin. Ethreum? DeFI? For example ethereum and DeFi prices are higher than bitcoin, I still say, their position cannot be changed. (The reason is that we will not know ETHEREUM and ALTCOIN WITHOUT BITCOIN BORN)

the part you said Bitcoin is different from Facebook and LinkedIn I can understand very clearly... but what do you mean by Ethereum and DeFi prices are higher than Bitcoin.... I mean hello.... Bitcoin is still the most expensive crypto right??

[TradingBull.io]

Seems what you refers to here is the "Last mover advantage"

Coming after allows to study others, identify what they do well and what can be improved and eventually come up with a higher value proposition.

When it comes to Bitcoin and other Blockchains, the first mover advantage still prevails for now:

- Awareness and recognition is stronger;
- Older is a blockchain, safer it is;
- It often takes a lot of time for developers to master one blockchain, switching is significantly difficult.
- For ETH, building on it is easier, gives access to a large network and to a lot of alts for swaps. It isn't the case with newer networks.
- For Bitcoin, it became a symbol and has been categorized as ultimate "store of value" making it a particular use case in front of its intended utility.

It is possible that progressively we see the rise of other networks as alternatives to build on.
But it isn't instant and require for these blockchains to keep growing further meanwhile.

We are still at the premises of the industry, a lot of opportunities remain, eventually
Isn't it exiting?

[Murpheus]

Seems what you refers to here is the "Last mover advantage"

Coming after allows to study others, identify what they do well and what can be improved and eventually come up with a higher value proposition.

When it comes to Bitcoin and other Blockchains, the first mover advantage still prevails for now:

- Awareness and recognition is stronger;
- Older is a blockchain, safer it is;
- It often takes a lot of time for developers to master one blockchain, switching is significantly difficult.
- For ETH, building on it is easier, gives access to a large network and to a lot of alts for swaps. It isn't the case with newer networks.
- For Bitcoin, it became a symbol and has been categorized as ultimate "store of value" making it a particular use case in front of its intended utility.

It is possible that progressively we see the rise of other networks as alternatives to build on.
But it isn't instant and require for these blockchains to keep growing further meanwhile.

We are still at the premises of the industry, a lot of opportunities remain, eventually
Isn't it exiting?

One merit for the last paragraph....
Oh sorry I have only one...
but yeah.... we are still at the premises of the industry....
Theres Something to always look forward tp