Bitcoins value is in the network security.
As long as hashrate is high its hard to see something else taking its place.
Watch the hash.
Discussion
There are already more secure cryptos than Bitcoin. Given that the masses are in Bitcoin at all is because of NGU, the hashrate is not the selling point. If the next big profit opportunity comes along, those people will move their money over. What happens to Bitcoin then?
And that's just one scenario.
*Gestures broadly at all the shitcoins bleeding against bitcoin*
Idk bro you tell me
The next big thing could be a more advanced cryptocurrency, or it may be a different means of money altogether.
Given that technology is advancing at record speed these days, including with AI, I wouldn't be so sure that the BTC style of transacting will still be in play in the future.
exactly which crypto has better security guarentees than Bitcoin?
Ill wait.
Proof of stake...
Then you haven’t really understood proof of work and why it is the real innovation.
huh?
so you're saying "PoS is more secure that PoW because you can trust the stakeholders to play fairly"
for real??
Ethereum is considered by many as more secure than Bitcoin due to its PoS consensus mechanism. That's just ETH, let alone what tomorrow's tech will bring.
lol "people are saying"
ok we're done here. you're still trusting 3rd parties.
You are saying something too. The task you have is to argue how BTC is the most secure crypto. It's not even private, which is a cornerstone of security.
Its secure because you'd have to build the electrical infrastructure of a small country and somehow aquire a billion dollars worth of ASICs to even attempt to alter the record of transactions.
Now you.
