BitCoin va fi înlocuit cu alte valute?

Many people think that the reason Bitcoin is valuable is that it is a “raritate”, and if Bitcoin is no longer “rare”, then it has no value.

This is a misunderstanding. Let’s think about a question. What is the essence of all “currency”?

Raspunsul este încredere. The most valuable reason for the U.S. dollar is because of the credibility established for the U.S. dollar under the Acordul de la Bretton Woods, rather than the so-called equivalent exchange with gold.

If we talk about other currencies like il renminbi (currency of China), the main reason why the renminbi is valuable is because of the trust system of the renminbi in China and neighboring countries, rather than exchange with the US dollar reserves. This can explain why the currencies of some countries (such as the Rusă rublă, Şi Dolarul din Zimbabwe, as you all know) have greatly depreciated because the guvern si current world situation have led to a trust system that does not support the existence of this currency, so-called sancțiuni economice, și currency speculation is a superficial cause.

The essence of money is trust.

So, what about Bitcoin?

Bitcoin as a currency does not have a centralizat trust measurement agency. The value of Bitcoin, that is, its “sistem de credit”, comes from the neîncredere of centralized units. Every country finds that the domnului is too easy to collect. Drinking a dove to quench thirst has led to a worsening of trust between countries, and even the people of all countries themselves have no trust in the national currency.

Trust, like quality, is conserved. As the trust in centralized currencies decreases, the trust in decentralized currencies naturally increases.

This is the essential reason why the value of Bitcoin continues to increase. Therefore, for digital currencies such as Bitcoin, there are only two endings.

• Either countries want to understand that they no longer issue excessive currencies și să crească currency issuance într-un scientific and reasonable way, and countries have a unificat și stabil exchange rate and maintain a centralized currency credit system. The value of currency such as Bitcoin will be infinitely aproape de zero.
• Either countries continue to drink pigeons to quench their thirst and use the method of over-issuing currency to give everyone collects seigniorage tax, then the trust in the centralized currency will become lower and lower. The total value of Bitcoin, a monedă descentralizată, will be infinitely close to all units that do not trust the government and other governments but need to conduct comerț internațional. The total value of labor production.

Either the price is crazy high, or it is worthless.

Then you understand this, and then you can answer this question. Will Bitcoin be replaced by other digital currencies?

Liars such as XYZ, even the old king next door can come and say “I spent 10 minutes changing the core of Bitcoin and created a new digital currency called SBC. SBs come and participate in my ICO. I pay seigniorage~”. So, if this happens, will you immediately choose to use the SBC of the next door Pharaoh?

The answer is that some speculatorii will participate, but the market will not participate. The reason is simple. The new cryptocurrency has not been recognized by the market, and the application has not been produced. There is no way for this currency to exchange for the means of production. Then this currency is not currency, dar a marfă virtuală for speculation. In other words, even if the next door Pharaoh ICOs an SBC, no one will choose this coin except for those brainless speculators.

În piața curentă, there are indeed many other digital currencies such as Ethereum, EOS, XRP, etc. They may have technical advantages in some aspecte (de fapt, BTC has also been evolving, and it will also learn from other monedele digitale that have been marketed successfully. Proof of advanced technology, coins such as LTC se poate spune că este experimental coins of BTC’s advanced technology.), there may be more application scenarios than BTC in the viitor, but they will not be able to challenge the status of BTC, and BTC will always be the currency. Primul consens is the belief of many people that BTC will exist as a currency market gold for a long time, not a digital currency mainly used for circulation.

Source: https://aizazalam.medium.com/will-bitcoin-be-replaced-by-other-currencies-739b0c596c2f?source=rss——-8—————–cryptocurrency