what if bitcoin becomes inferior

[Nheer]

Change is a constant thing in life and as time passes we are likely to witness technological advancement but no one knows for sure when that will happen. For a new development to emerge and surpass bitcoin then it would have to make use of a different technology other than cryptographic blockchain technology else it would just be seen as another altcoin and I don’t think there will be any altcoin that can surpass bitcoin. If eventually there comes a new technology that beats blockchain technology and is also aimed towards improving on the bitcoin function of decentralization, anonymity and store of value then it is a good thing for cryptocurrency community but it doesn’t mean bitcoin will be forgotten, the two can exist on their own and it will be a win for us either way.

I don’t think this can happen anytime soon but if in the future it happens we would welcome the new technology if will actually serve us in a good way.

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[Publictalk792]

It is good to hear about your deep dive into Satoshi's posts and your admiration for his passion and contribution to the creation of Bitcoin. There is no doubt Bitcoin has  made the way for blockchain technology and decentralized digital currencies it is good to remain open to innovation and progress.

If someone develop a system that surpasses Bitcoin(which is quite impossible in my point of view) in terms of performance decentralization and other key aspects it will be an exciting development. The beauty of technology is that it always be advanced  just like  Yahoo was surpassed by Google it is possible that a better system can come in future again.

So if a new genius with a passion for decentralization and innovates a superior system it will be an exciting opportunity for the cryptocurrency world.

[Ale88]

I looked for traces of Satoshi on the Internet. I've read all of his posts since 2009. He is sublime. If you read his writing, you can feel his passion. I have a little bit of bitcoin. I'm pretty relieved just to have Bitcoin. But if you look back at history.. Yahoo lost to Google. Yahoo was great, but Google was even better. Satoshi gave us a gift called Bitcoin without any greed and went somewhere. The problem is, new geniuses are born all the time, and technology advances. Bitcoin is not physics. It's blockchain technology. Which means that bitcoin is not an immutable law. A better technology than Bitcoin could emerge. What should we do if someone gives us a better system than bitcoin as a gift and leaves? It performs better than Bitcoin, and it even has the perfect decentralization of Bitcoin, which we value highly. Bitcoin was created in 2009, and now it's 2023. Cars made in 2009 cannot be better than cars made in 2023 or later. What if someone with as much genius and passion as Satoshi is creating a system better than Bitcoin?

First of all you need to find someone who is willing to give up for free his creation, like Satoshi did. Then you need to build a community that actually believes in your product and understands its value. Doing the same thing that bitcoin did is not easy at all, it takes a lot of efforts, sacrifices and time. And especially becoming so decentralized like bitcoin is another extremely hard thing to achieve. Sometimes I feel like people really underestimate bitcoin.

[Timbulance]

BTC will never be inferior.

[Blitzboy]

Change is a constant thing in life and as time passes we are likely to witness technological advancement but no one knows for sure when that will happen. For a new development to emerge and surpass bitcoin then it would have to make use of a different technology other than cryptographic blockchain technology else it would just be seen as another altcoin and I don’t think there will be any altcoin that can surpass bitcoin. If eventually there comes a new technology that beats blockchain technology and is also aimed towards improving on the bitcoin function of decentralization, anonymity and store of value then it is a good thing for cryptocurrency community but it doesn’t mean bitcoin will be forgotten, the two can exist on their own and it will be a win for us either way.

I don’t think this can happen anytime soon but if in the future it happens we would welcome the new technology if will actually serve us in a good way.

Change never stops! Yes, no altcoin can surpass Bitcoin," Why are you so sure Bitcoin is best? Blockchain, the cornerstone of Bitcoin, changed financial transactions, but is it perfect? Every giant has a competitor, history indicates. What if blockchain is replaced by a superior technology? While rooted in current patterns, your view seems to neglect innovation's relentless march. Cryptocurrencies evolve constantly. Bitcoin's privacy, decentralization, and value storage are impressive. Assuming it will always reign overlooks human innovation. Bitcoin fans and global financial systems will benefit from your claim that the new technology improves these crucial qualities. Bitcoin and its successor may evolve together digitally. We should adopt new technology if it benefits us, as you say. Keep in mind that development often removes the old without our consent. Can we adjust if this unforeseen technology miracle occurs sooner than expected?

[kamoshi]

Don't worry Mikko Hyyppönen won't let that happen. He claimed to me to be part of the Bitcoin inner circle along with all the cypherpunks like Nick Szabo etc. Unfortunately this entire forum is run by people who wish to keep his involvement a secret as well as the rest of the cypherpunks who secretly run this forum.

[AmoreJaz]

I looked for traces of Satoshi on the Internet. I've read all of his posts since 2009. He is sublime. If you read his writing, you can feel his passion. I have a little bit of bitcoin. I'm pretty relieved just to have Bitcoin. But if you look back at history.. Yahoo lost to Google. Yahoo was great, but Google was even better. Satoshi gave us a gift called Bitcoin without any greed and went somewhere. The problem is, new geniuses are born all the time, and technology advances. Bitcoin is not physics. It's blockchain technology. Which means that bitcoin is not an immutable law. A better technology than Bitcoin could emerge. What should we do if someone gives us a better system than bitcoin as a gift and leaves? It performs better than Bitcoin, and it even has the perfect decentralization of Bitcoin, which we value highly. Bitcoin was created in 2009, and now it's 2023. Cars made in 2009 cannot be better than cars made in 2023 or later. What if someone with as much genius and passion as Satoshi is creating a system better than Bitcoin?

First of all you need to find someone who is willing to give up for free his creation, like Satoshi did. Then you need to build a community that actually believes in your product and understands its value. Doing the same thing that bitcoin did is not easy at all, it takes a lot of efforts, sacrifices and time. And especially becoming so decentralized like bitcoin is another extremely hard thing to achieve. Sometimes I feel like people really underestimate bitcoin.

the valuation of this technology will be determined in the years to come if some people are still not believing that this tech has value already in the market. there is corresponding value already and yet many people don't believe in this tech. well, it is not a loss for those users who are already in here.

[danadc]

When someone says that the price can go Down , I Accept it , it is within expectations, now if the expectations are that the maximum will be reached at this time in 2023, or by 2024 or the end of 2024, I could not say that things are going well as they should. be, but I am sure that when I talk about many things and ways of seeing this, you can think that most of us think that Bitcoin can even Reach $50k from everything that has been seen, it is good and valid that the opposite happens, It is something that we can all see coming , but I don't see that there is another way to look at this , it may go Down , but I don't think it will be that  much.