We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.
There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).
Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.
With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?
Oh yeah, I agree! It is not hard to agree on this. Bitcoin is the first among a sea, hell, an ocean of cryptocurrencies. It is therefore expected that those who followed will have to install what has been missed by the first comer. Those that will follow will upgrade what is considered lacking or weak features of the earliest comer. But then again, no one can beat the first. And you are right that there are so many establishments already that accept bitcoin.