Market is changing. Look at BTC dominance. The coins with the best/most utility are set to be the winners. BTC and ETH is already behind.
VeChain (VET) is working as a bridge between real economy and blockchain technology.
The opinion about BTC is changing: Bitcoin is making baby steps. It is getting worse at transactions over time. It is not better and it is very obvious. The future is asking for a safe, secure, and first layer money for everyone, not a currency for the Elite.
BTC supporters are like: “All money is layered, this will never change; I don’t need coffee purchases recorded on a damn blockchain.”
Ethereum supporters are like: I will probably use Ethereum for their uses as brokerage or whatever, but what is the point of owning Ethereum as store of value if we have already Bitcoin for that?
The reinstatement is that there is much better technology than BTC. Many are screaming this like a slogan supporting different Altcoins. Probably, those who have invested in a particular altcoin believe that technology is superior.
From a regulatory standpoint, Stellar has compliance in code.
The new promise for Bitcoin seems to be Taproot. Community members are like: Taproot will enable even more complex second layer solutions to be built on Bitcoin without bloating and centralizing Bitcoin.
And, there are many trying to promote the many tokens and coins they think is underrated at this point in time.
No denying that Bitcoin started this revolution but there are a lot of better and smarter solutions to do exactly what we need in transactions.
Optimism reinstated: The smartest minds on the planet have made bitcoin the superior coin by design. That intellect and the network effect means it’s a protocol here to stay. The 12 years under attack on all fronts and still on top.
While many BTC enthusiasts are talking about mining with power efficient systems there are the old guys who would not listen stating: Bitcoin is too slow and energy inefficient, so it will be replaced. It’s not a question of whether the Bitcoin bubble will burst. It’s simply a question of when.
Cardano believes to be able to replace several legacy financial systems. People are gathering to support Bitcoin or other Altcoins. They are standing to win and get a chance at replacing the corrupt legacy financial system. However, the crypto space is becoming the casino of infinite coins.
