Can Cardano Replace Bitcoin in 10 Years?

[Deylandra]

Ada is not a catchy enough name to surpass bitcoin.

[PROdotBITCOIN]

I think this will not happen. It seems to me that Cardano is not such a strong coin as it seems to some people. I think Bitcoin is king and he will always come first.

[chocopapaya]

Nope.

At this point, I can confidently say that Cardano does not have a chance.
If they managed to get up and running a year ago, then yes.
But the platform still isn't fully functional.

Meanwhile, you have other platforms that are performing well and have penetrated the market.
A lot of these are just as good as cardano and have already established themselves.
And, of course, there is ethereum.
Even with all of the problems with scalability, it is still the dominant leader by far.

There have been so many cases of inferior tech beating out "superior" tech due to other market circumstances.

Also, comparing ada to btc isn't really beneficial because, although they are crypto, they are very different.
That would be like someone comparing stocks, one is Apple, the other is Tesla.
Totally different markets for both of them.

[avonka]

Today, I was listening a Charles Hoskinson interview  and I was amazed. Cardano Whiteboard is what hooked me. Their long term roadmap is also amazing. I believe that Cardano will close the gap with other cryptocurrencies and be one of the leaders in the future on the crypto market.

[bhabygrim]

I don't think that it could replace Bitcoin although it is a good project,
But let's face the fact there are also many good project's and it didn't even come close on taking over Bitcoin.

[fortunecrypto]

If Cardano manages to successfully launch PoS, and it really gets so decentralized as Charles claims, I think in the next 10 years Cardano can surpass Bitcoin, not just as a utility but as a marketcap and a store of value.

Any thoughts?

I don't think it can if the coin that you are supporting is developing and being adopted, Bitcoin is also moving forward and being adopted ten times the number of investors of Cardano, it's a good coin but not enough to overthrow Bitcoin.

[ZloiRediska]

It seems to me that Cardano does not position itself as a competitor to Bitcoin. Cardano probably more of a competitor to Ethereum. And I think Sound Money Coin is a competitor of Bitcoin.

[nightl]

About this and there can be no question. Different weight categories, different concepts, and how else is it - actually surpassing its creator (Bitcoin)?

[pushups44]

Anything is possible, but dislodging bitcoin will be a challenge given its first-mover advantage. In the future the Lightning Network will be able to run smart contracts, but the staking feature of Cardano can become a draw for investors looking for returns.

[bebekangsoo]

It seems to me that Cardano does not position itself as a competitor to Bitcoin. Cardano probably more of a competitor to Ethereum. And I think Sound Money Coin is a competitor of Bitcoin.

Cardano is not a competitor of Bitcoin and no one can beat Bitcoin, until now no one can beat him.
Cardano is a good coin and its development is also increasing and maybe in the future it will be better so that it will be the choice of Altcoin for many people, but if I change Bitcoin and Ethereum, I don't think it's because it's very difficult.

[Commitments]

Impossible cardano could replace bitcoin place for ten years later, how come with lower price of cardano suddenly could be the top altcoin price? for raising of ethereum is impossible and how come to replace of bitcoin price?

[qomariah95]

In a long time of 10 years, no one can predict for sure whether cardano can replace Bitcoin. For my personal view, certainly nothing can replace Bitcoin. Although within 10 years, because Bitcoin is one of the main heart of crypto. Very difficult indeed to replace bitcoin, especially the one that replaces bitcoin is cardano.

[michellee]

Anything is possible, but dislodging bitcoin will be a challenge given its first-mover advantage. In the future the Lightning Network will be able to run smart contracts, but the staking feature of Cardano can become a draw for investors looking for returns.

But it's hard to replace bitcoin as we know that bitcoin is the stronger coins in the crypto market. Besides that, bitcoin is the leader in the crypto now and still be the king in the cryptocurrency. Cardano needs a long time before it could increase higher especially if we see the cardano price still on the low price. But as we don't know what will happen in the future, we could let the time will answer this so we will know later.

[Terrmit]

Anything is possible, but dislodging bitcoin will be a challenge given its first-mover advantage. In the future the Lightning Network will be able to run smart contracts, but the staking feature of Cardano can become a draw for investors looking for returns.

But it's hard to replace bitcoin as we know that bitcoin is the stronger coins in the crypto market. Besides that, bitcoin is the leader in the crypto now and still be the king in the cryptocurrency. Cardano needs a long time before it could increase higher especially if we see the cardano price still on the low price. But as we don't know what will happen in the future, we could let the time will answer this so we will know later.

Because investors have stuck to it like a dollar. Does the world economy need this piece of paper? I think no, she is not worth anything now. But it continues to be equal. So on Bitcoin. If investors transfer their assets to ETH, what will change? the whole market will go to the top because on the basis of Eth there are 1000 projects.

[setialovers]

If Cardano manages to successfully launch PoS, and it really gets so decentralized as Charles claims, I think in the next 10 years Cardano can surpass Bitcoin, not just as a utility but as a marketcap and a store of value.

Any thoughts?

Hard to replace bitcoin as store of value in market right now. Cardano is good coin but to i think its take a long time to replace bitcoin as biggest market cap in market or as store of value. Many new coin and can compete and trying to be better than cardano. But i am think cardano is potential coin and worth to hold for long term

[Hiralbaria97]

May be it can.Cardano is an attractive choice for many companies and corporations, especially those involving heavy uses of contracts. According to Cointelegraph, the Ethiopian Government and Cardano/ADA signed a Memorandum of Understanding, which will allow the government to employ the Cardano program in its Agritech sector.

[endogan]

to really materialize it's very difficult and it's not easy in ten years, in my opinion Cardano will not exceed Bitcoin.
Bitcoin is the king of coins and is not easy to beat or compete with anyone because Bitcoin is strong.
maybe Cardano will get stronger and grow better so there will be more fans but not like Bitcoin.

[pushups44]

Anything is possible, but dislodging bitcoin will be a challenge given its first-mover advantage. In the future the Lightning Network will be able to run smart contracts, but the staking feature of Cardano can become a draw for investors looking for returns.

But it's hard to replace bitcoin as we know that bitcoin is the stronger coins in the crypto market. Besides that, bitcoin is the leader in the crypto now and still be the king in the cryptocurrency. Cardano needs a long time before it could increase higher especially if we see the cardano price still on the low price. But as we don't know what will happen in the future, we could let the time will answer this so we will know later.

I agree, Cardano is unlikely to overtake bitcoin, but unlike what some posters have said, bitcoin's top spot is not guaranteed. I think it is the heavy favorite at this point in time, but even heavy favorites can be losers at times. Bitcoin will always be around, nonetheless.

[D3m1r4wanti]

I don't think that it could replace Bitcoin although it is a good project,
But let's face the fact there are also many good project's and it didn't even come close on taking over Bitcoin.

yes, I agree with you
I'm not sure about Cardano (ADA) if I have to replace Bitcoin in the next ten years.
even though everything is possible. but that is very difficult.

[smyslov]

If Cardano manages to successfully launch PoS, and it really gets so decentralized as Charles claims, I think in the next 10 years Cardano can surpass Bitcoin, not just as a utility but as a marketcap and a store of value.

Any thoughts?

Just like that and they are going to surpass Bitcoin, what kind of logic is that so many coins have boosted that it can replace Bitcoin but Bitcoin is still the number one coin in the market and still going strong, they have to go through Ethereum and Ripple first before they can claim that.