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RE: Could Litecoin Replace Bitcoin?
You're asking if silver will ever supplant gold.
Both will co-exist but one will be more desirable and valuable than the other.
You're asking if silver will ever supplant gold.
Both will co-exist but one will be more desirable and valuable than the other.
That is kind of how I see it too.
Not for me.
There's absolutely no reason to compare digital information to gold or silver.
The comparison is subjective, and although I see it too, the reality is not like that at all.
True you can't make anything out of digital information in the same physical way but then again gold and silver are bulky, hard to transport and in some respects more difficult to secure.
I also believe they will keep co-existing. Maybe not as "silver" and "gold", but in some way anyway.
Watching diverse cryptocurrencies evolve and the evolution of blockchain technology will keep being exciting. We are just at the beginning of this stuff.
It could literally change the world.
I think it will!
I agree with you on this, silver and gold are physically different, the differences can be SEEN. Litecoin could very easily replace Bitcoin, or Bitcoin kill off Litecoin all together. There's no need for both to exist.
I read this offline during coffee break
I totally have the same opinion
it may change in the future
but for now BTC is the most accepted crypto currency in the physical market and when those shops in Japan officially start accepting it - it'll be like a hamehamewave :)
but i am not a fortune teller so I don't hold the truth :)
we shall see
Yes definitely.
they already do
)
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you can go super sian now on Bitcoin :)
Best answer to date!
But there are multiple times in history when silver was overvalued vs gold. China had a silver standard I believe at one point.
I feel it's more like, "we're not sure yet who will be gold and who will be silver." (I mean gold isn't gold because it came first)