BTC consider as a threat to others products

[Israelgogo]

Bitcoin is the first global decentralized cryptocurrency that  permits peer to peer electronic cash transactions without third-parties like government or bank. Bitcoin operates on a BlockChain secured by proof of work mining and  the SHA-256 cryptographic algorithm, making it impossible to counterfeit or double spend. With 21 million supply coins and Halving in a every four years.

BTC is to deflate digital assets on scale of prevailing market strategy, dignital assets like gold is monitored but BTC has long achieved mainstream adoption virtue of spot ETF approval.