Is bitcoin really the cryptocurrency of the future?
For many of us the Bitcoin (BTC) is the cryptocurrency with more potential for the future if we talk about long term investment guys, and this in my personal opinion is not so, the Bitcoin had its moments guys and that we have to be clear guys. A very similar case is the SHIBA INU cryptocurrency, even this cryptocurrency calls my attention because with the passage of time this cryptocurrency has increased a lot its value, I have read articles that say that the person who had 1$ in SHIBA INU today has millions of dollars.
The same happened with the Bitcoin (BTC), 10 years ago the person who had 1$ in BTC today is a person with at least 500 million dollars friends, in my personal opinion I do not like to invest in Bitcoin guys because I simply think it has a lot of competition and that it has gone out of fashion, but nevertheless it is a currency with great potential, I always like to invest in cryptocurrencies that its price is well below 0.1 cents on the dollar guys.
By this I mean that Bitcoin is the cryptocurrency of the past.
From my point of view Bitcoin was popular in its time but there are currently more than 10,000 different cryptocurrencies. Let's simply ask ourselves the following question, what would the price of Bitcoin be today if only this cryptocurrency existed? By this I mean that if Bitcoin were the only cryptocurrency on the market the price would be much higher than it is today.
We have to keep in mind that we can only mine 21 million Bitcoin guys and when the last Bitcoin is mined this cryptocurrency will be skyrocketing. Simply because it will be scarce and there will be a lot of trading of this crypto, but what if a hacker steals 100 Million and does nothing with this cryptocurrency? this is simply a topic that we have to discuss very well guys.
All of us know that the great Blockchain technology is a ledger that is distributed among all users and that way they keep the network secure and anonymous and easy to use, that is, they keep it decentralized and this is what I like, that to make transactions we don't depend on a banking entity or anything like that guys, the cryptography that is hidden behind the blockchain technology is something very incredible and almost impossible to trace, for example the Bitcoin that simply many hackers have decided to do robberies and other things with this cryptocurrency and it is something serious for humanity.
Even many governments have tried to make cryptocurrencies no longer anonymous and try to centralize them and that is something they have achieved but still this world will remain decentralized only for those with average knowledge of this technology guys.
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