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Author Topic: NOTHING IS ABOVE BITCOIN  (Read 965 times)
scout326
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December 09, 2019, 10:33:54 PM
 #61

Well for now,that may be true,in the future, there could be changes,who knows
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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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December 19, 2019, 04:53:54 AM
 #62

Bitcoin has been unique with this main characteristic and essentially blockchain technology that makes it distinct from any other digital currency.
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December 19, 2019, 05:44:41 AM
 #63

Bitcoin and other major cryptocurrencies based on their designs are revolution to the financial industry which is about bringing financial industry to the people. It would also help achieve transparency in government transactions if inculcated into their payment systems and also reduce the level of corruption among government officials.
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December 19, 2019, 06:07:24 AM
 #64

Bitcoin has reached a lot of achievements and has passed a lot of tests of time so I don't think any existing stable coin could surpass it. Bitcoin has built a strong foundation and has gained the trust of most users so I don't think it would be easy for any coin to beat it. Potental coins could follow its footsteps but they couldn't go over bitcoin.
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December 19, 2019, 07:25:40 AM
 #65

Bitcoin has reached a lot of achievements and has passed a lot of tests of time so I don't think any existing stable coin could surpass it. Bitcoin has built a strong foundation and has gained the trust of most users so I don't think it would be easy for any coin to beat it. Potental coins could follow its footsteps but they couldn't go over bitcoin.
actually in levels, bitcoin is by far the highest level and it seems like it will be difficult for other coins to beat or take this position for now or in the future. I believe that bitcoin will continue to be in the top position
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December 19, 2019, 10:12:50 AM
 #66

Tell us something we don't know already guys.

Nothing is above bitcoin in so many different ways. Most accepted digital asset? check. Most available crypto? Check. Most decentralised? Check. Most secure in terms of 51% attack? Check.

Maybe one day things will change but I don't foresee it happening for at least 10 to 20 years.

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December 19, 2019, 12:15:04 PM
 #67

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.
Government backed "cryptocurrency"?
Well, China already has a currency... it's the Chinese fiat currency... both digital and physical. I guess what the government needs is to fully convert the fiat currency into digital coin or just use stablecoin backed by the its fiat currency. A coin that does not have the main features of cryptocurrency do not really deserve to be called a cryptocurrency,in my opinion

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December 19, 2019, 12:44:14 PM
 #68

Tell us something we don't know already guys.

Nothing is above bitcoin in so many different ways. Most accepted digital asset? check. Most available crypto? Check. Most decentralised? Check. Most secure in terms of 51% attack? Check.

Maybe one day things will change but I don't foresee it happening for at least 10 to 20 years.
in terms of ranking and also its usefulness bitcoin is still ranked at the top, and I don't know about crypto above bitcoin. the usability and also the price are still the biggest dominance in this market, but if there really is I also want to know

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December 19, 2019, 12:46:35 PM
 #69

Government backed "cryptocurrency"?
Well, China already has a currency... it's the Chinese fiat currency... both digital and physical. I guess what the government needs is to fully convert the fiat currency into digital coin or just use stablecoin backed by the its fiat currency. A coin that does not have the main features of cryptocurrency do not really deserve to be called a cryptocurrency,in my opinion


It wouldn't be possible at all. Because the main thing we need to consider is the features just like what you've said, and the Chinese government will not possible allow that to happen. In the first place they've already developed a blockchain based identity system, and with this, it is probably they could identify their people and with cryptocurrency, they can't, and this is contradicting that is why it seems to be really impossible for them to even transition their currency to crypto.
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December 19, 2019, 12:52:58 PM
 #70

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.
Government backed "cryptocurrency"?
Well, China already has a currency... it's the Chinese fiat currency... both digital and physical. I guess what the government needs is to fully convert the fiat currency into digital coin or just use stablecoin backed by the its fiat currency. A coin that does not have the main features of cryptocurrency do not really deserve to be called a cryptocurrency,in my opinion



This is a way to control your citizens. I do not see anything good in creating a national cryptocurrency because this shit coin will be controlled by third parties. Do not forget what kind of policies China pursues, the country's leaders will not allow people to use Bitcoin or altcoins that cannot be controlled. All that does not give power will be rejected by China, remember this
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December 19, 2019, 01:24:31 PM
 #71

Banks and government are centralized and they can't control bitcoin because it's decentralized.

Bitcoin is the future of money, at least that's why I believe and I will continue to trust it, use it and invest on it.
Let's see if how the government will handle it, this is our freedom so eventually they will regulate it but the rules will be friendly to its adopters.

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December 19, 2019, 07:32:15 PM
 #72

This is why I like bitcoin. I don't like being held back and told what to do by "the man" I agree and bitcoin creates freedom for people looking for that sort of thing. Not wanting others to have control of your money and for you to have complete control over it. Many people have felt that way for a long time but it didn't help since they could not just put their money under their bed for safety reasons so they are forced to use a bank. With crypto there is no need for any of that and the power is with you. Crypto is empowering.
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December 19, 2019, 07:50:22 PM
 #73

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December 19, 2019, 08:50:53 PM
 #74

This is true to the extent of cryptocurrency world only. Nothing in cryptocurrency world is above bitcoin. I don’t think this is valid also for outside cryptocurrency domain. Bitcoin value right now is measured in $ then how can we say that nothing is above bitcoin not even central banks digital currencies?

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December 19, 2019, 10:13:51 PM
 #75

This is exactly why stablecoins like USDT, TUSD, DAI, Libra, etc. won't gain much popularity. Cryptocurrencies and the blockchain technology were created with a scope - that we get rid of all the centralization and excessive control of authorities over the world. Corruption is at all time high level and transparency is nowhere near where we would like it to be. By adopting Bitcoin and blockchain & adiacent tech like smart contracts I'm sure we will make a much efficient & fair world.

Stable coins will gain more popularity as it is the resting place of traders in time of Bitcoin downturn.
Decentralization of cryptocurrency is not complet without the centralization of some part.
We should always consider the native system that was already in place before the advent of cryptocurrency.
To have a fair  financial system,  I still believe that the harmonization of the native system and blockchain Technology will help in achieving it.
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December 19, 2019, 10:23:20 PM
 #76

This is exactly why stablecoins like USDT, TUSD, DAI, Libra, etc. won't gain much popularity. Cryptocurrencies and the blockchain technology were created with a scope - that we get rid of all the centralization and excessive control of authorities over the world. Corruption is at all time high level and transparency is nowhere near where we would like it to be. By adopting Bitcoin and blockchain & adiacent tech like smart contracts I'm sure we will make a much efficient & fair world.

Yes indeed, even though this is the risk, people still need stable coins because it is difficult at this time for Bitcoin and the like to be adopted. Actually bitcoin does not provide all solutions to overcome economic problems. It's just that it removes the function of centralized control. Other than that, i'm sure everyone is okay with that.

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December 20, 2019, 04:34:44 PM
 #77

Bitcoin has been unique with this main characteristic and essentially blockchain technology that makes it distinct from any other digital currency.
Bitcoin is also most promising and valuable coin in crypto markets.i think in future bitcoin price will more up.now many people are also wait for bitcoin price up.
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December 21, 2019, 03:25:00 PM
 #78

Bitcoin is the best in terms of value but other things are not like that. when you compare Bitcoin with USD or Euro then this will not a fair comparison in many reasons, In terms of legal aspect, Bitcoin is not in the top 20 coins from my observation, When you don't have any legality then people will not get interested anymore but by this means, already Bitcoin has gained a lot of popularity but that doesn't mean that Bitcoin is above all, I only can say Bitcoin is above all from the cryptocurrency not central bank currency, I think this is too volatility in here.

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December 21, 2019, 03:43:02 PM
 #79

Tell us something we don't know already guys.

Nothing is above bitcoin in so many different ways. Most accepted digital asset? check. Most available crypto? Check. Most decentralised? Check. Most secure in terms of 51% attack? Check.

Maybe one day things will change but I don't foresee it happening for at least 10 to 20 years.

Most popular investment of the last decade, an investment that offered the biggest gains in the last decade, the only decentralized money in the world, unhackable and impossible to steal as long as the owner is responsible. We could go on and on.
Really, Bitcoin is something groundbreaking, and it's not me or other forum members that are saying this but many smart people, like the CEOs of Twitter and PayPal. We are witnessing a monetary revolution.

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February 10, 2020, 12:18:58 AM
 #80

Bitcoin has demonstrated itself to be a predominant cryptographic money resource throughout the previous ten years, surpassing the market top of each other coin available. Despite the fact that there are numerous altcoins that have sprung up over late years, Bitcoin is at the top from multiple points of view.

Bitcoin has stayed at the highest point of the digital currency graphs since the time it was made, and there are numerous proponents that ok it.
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