What if someone creates a better digital currency?

2024-04-12 10:06:19 Views

  That can happen. For now, Bitcoin remains by far the most popular decentralized virtual currency, but there can be no guarantee that it will retain that position. There is already a set of alternative currencies inspired by Bitcoin. It is however probably correct to assume that significant improvements would be required for a new currency to overtake Bitcoin in terms of established market, even though this remains unpredictable. Bitcoin could also conceivably adopt improvements of a competing currency so long as it doesn't change fundamental parts of the protocol.

  Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.
  
Title:What if someone creates a better digital currency? - Bitcoin
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