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RE: Why BTC Should Remain the Crypto Gold Standard, NOT Return to Being Currency
eventually the market will meet new demands, bitcoin will eventually be a lot slower and have higher fees due to more volume in the future. I believe one day an altcoin will take the number 1 spot
Bitcoin as a technology does not become slower - market demands for digital currency throughput rates become greater. And yes, this means the cost of each BTC transaction would go up, just like it is expensive to trade in physical gold. Why not trade in tokens representative of BTC, rather than actual BTC?
If BTC sticks to being crypto gold, I do not believe it will ever be overtaken by an altcoin.
who knows, this market is just a baby beginning to crawl, anything could happen, ANYTHING. bitcoin could be 5000$ tomorrow.