NOTHING IS ABOVE BITCOIN

[Maslate]

I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.

No matter what the central bank or the government authorities tried to control bitcoin from its adoption, time will really come that bitcoin and blockchain will have its full usage from the people. With this, transparency is all the matters that will make our world out from corruption and makes it a better place to live in.

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[DreamStage]

The thing is would someone prefer to control their money over a government control, banks and every third party service you use to achieve your fiat?
Answer: Yes, of course!

By that you know that bitcoin provides you the self control, freedom of moving, trading, profiting the way you enjoy the most and whenever you want, whenever you need.

That's why people dislike the banking system vs a normal crytocurrency blockchain system.
Regardless of the real world system, virtual one is more secure and it has the user as main centralization with a global decentralization.

[Xxmodded]

Libra coin and USDT want to get permission from bitcoin investors, they want many people investing on bitcoin move to USDT but is not easy with profit giving by bitcoin investing than USDT, only have stable price for USDT but never can give much profit with price always the same day by day and different with bitcoin where can give much profit every days for investors.

[GideonGono]

I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.

No matter what the central bank or the government authorities tried to control bitcoin from its adoption, time will really come that bitcoin and blockchain will have its full usage from the people. With this, transparency is all the matters that will make our world out from corruption and makes it a better place to live in.

We do know all we can see in the blockchain is the record of transactions that have been made but not the details and who those people are. You can search it on the net or anywhere where traces are left but honestly I can’t really say in what way would it help corruption but if you are saying it with regards to Blockchain only then I would say it is possible to create a cryptocurrency with this feature but why would those who are corrupt use it then it would comes down how the government would sell it to their citizens.

[soulripper]

For now bitcoin is still the king of cryptocurrencies and still nothing can challenge their position on the top coinmarketcap. Bitcoin will going further above and i trust that bitcoin will be pump up again soon.

[samcun]

Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."

He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."

Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back

Bitcoin is so popular that no cryptocoins is still can gained this perception till now or even in the future. Stable currencies ( USD, EURO, POUND etc) are different and it not like Bitcoin. I think he is little bit right.

I agree with you ,, there is currently no cryptocurrency that costs above bitcoin. we all agree with the statement that until now no one has been able to surpass Bitcoin as the king of crypto. And I hope that I will become rich because of bitcoin ... Aamiin

[maman567]

I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.

Many new altcoin created every day but never can be above bitcoin with price or other thing, bitcoin is the king for other all altcoin and impossible when creating new altcoin can take bitcoin position on the first place with coin market cap, many altcoin have delist with lower price and scammer owner how to make altcoin never can replace with bitcoin price.

[Wapfika]

For now bitcoin is still the king of cryptocurrencies and still nothing can challenge their position on the top coinmarketcap. Bitcoin will going further above and i trust that bitcoin will be pump up again soon.

All alts were also dependent in bitcoin when BTC pumps or dumps, alts will definitely follow too as we see in the past trends. That's why BTC is still consider the main crypto and above all cryptocurrency, it's ATH undeniably shows how BTC is still above all altcoins. And the basis of many crypto projects.

[joinfree]

It's such a great feeling when we get crypto enthusiasts share some supporting and motivating statements about bitcoin. This makes the community strong, we need more folks like these who believe in the technology and not folks who tumble down any time bitcoin prices plunges. No cryptocurrency can ever boast of having the success rate that bitcoin has seen over the past years.

[agentx44]

Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."

He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."

Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back

Bitcoin has been on the top for so long and amidst all the crisis and downfall it experienced, there was still no other cryptocurrency that was able to surpass its price. It became the setter of the value for crypto and most of altcoins go with its flow most of the time. Bitcoin has a huge potential in the future and your assumptions will not be able to stop it. It may look bad right now but as time passes by, for sure it will regain its high value or get higher than ever. For all the bitcoin enthusiasts, let us all keep on believing and hoping for the best for bitcoin.

[dioanna]

Of course, I also believe that Bitcoin is much profitable than any altcoins and stable coins
as volatile as btc is but also the much safest to hodl above all.

[lousie9]

Of course, I also believe that Bitcoin is much profitable than any altcoins and stable coins
as volatile as btc is but also the much safest to hodl above all.

Of course, almost everyone already knows that Bitcoin is a very high price and with increasingly strong Bitcoin dominance, Bitcoin is still very safe to be used as an asset for the long term, especially when prices are still too low if we compare the ATH Bitcoin prices so for now it is indeed no one can match Bitcoin.

[suvo05]

Of course, I also believe that Bitcoin is much profitable than any altcoins and stable coins
as volatile as btc is but also the much safest to hodl above all.

Of course, almost everyone already knows that Bitcoin is a very high price and with increasingly strong Bitcoin dominance, Bitcoin is still very safe to be used as an asset for the long term, especially when prices are still too low if we compare the ATH Bitcoin prices so for now it is indeed no one can match Bitcoin.

Bitcoin is still not at a very high price. Even if sate that by comparing with the other coins then still bitcoin is cheap. The total altcoins market contains lot of garbage coins and the garbage are getting clear so if we compare BTC with those coin after two years then BTC price will be higher than the present.

[Jalinayr]

As of now as we can see Bitcoin BTC Is the most valuable that other there are so many stable coins altcoins but Bitcoin BTC Is the most trusted to hold.

[diahsw]

I agree with what he said ... for now there is nothing above bitcoin, but for the future we do not know, maybe bitcoin will be a rival to one of the new coins that appear in the future .. !!

[LogitechMouse]

He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."

Nothing can beat the original and the first .

Many people can make a duplicate of it or make it as a basis but nothing can beat it and that is how Bitcoin and blockchain is. Bitcoin is created to have permissionless and free market. Bitcoin is created to disregard those stupid banks.

[Wintersoldier]

The majority of the comments are too biased about bitcoin being the best cryptocurrency. Though, in my opinion, do not rely often on the market statistics or the market capitalization that cryptocurrency has on the internet such as CMC and other coin listing and ranking sites. People have a different perspective on choosing their own cryptocurrency to use based on their needs and consensus if they have some other party who they make a transaction with. For example, if you are often sending too much transaction would you choose bitcoin? I rather not because of the fact that trans fee is quite high in bitcoin compared to altcoins.

[crossabdd]

this is the difference between bitcoin and stable coins. Bitcoin is growth, so bitcoin can always survive with its development. and always be number 1. while coins are stable USDT, USDC, PAX, etc. This crypto currency just moves. no growth, no reduction. so stay like that. refers to real currency that has no change. the only change is maybe inflation.

[Rosilito]

I agree with what Back said here:

At G20, sitting next to the president of the Dutch central bank, Back said he believed the blockchain would be another initiative for an open network, and said financial institutions no longer benefit from technology because it would mean that international transfers would not need intermediary banks with questionable credit.

There is nothing to rely on such institution if there are far more better than it, and seems useful.

Anyway, with what the OP said there is nothing above bitcoin not because it sits at the top of the market but because it proves way back then until now that it is still a good investment. Alts are just created out on hard fork to fill a certain purpose which bitcoin don't have. Thus, it makes quite a difference with bitcoin but the thing is Bitcoin's been around long enough now where people are more familiar with, that even though huge names introduced their whatever coin it is people just look at it, and still make the decision to go with bitcoin.

[ololajulo]

There a lot of things we dont know about bitcoin. The anonymity of the founder is just a glimpse. You cant fight bitcoin and be relevant again, ask Roger var but I believe a solid project could be a force in its sphere in blockchain. I like to see what China will bring to cryptocurrency next year when they launch their coin. There are trying bring coin that wont have anything to do with bitcoin, lets see the response even with the population behind it.