On the first anniversary of Bitcoin Satoshi Vision (BSV), some proponents of Craig Wright’s controversial cryptocurrency are taking pride in the ever-increasing transaction figures in the ecosystem. They say, at this rate, it’s only a matter of time until BSV dethrones Bitcoin as the most popular and widely used cryptocurrency in circulation.
But as always, things are far from being all hunky-dory in the BSV ecosystem and critics of the coin were quick to point out many of its follies, such as the dismal hash and the lack of any meaningful real-life utilities.
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Okay guys, there is a phrase which makes me react a lot saying that Bitcoin SV will dethrone Bitcoin in terms of circulation. I have a question for you guys, especially pro and anti-BSV's here. Do you honestly agree about this statement that they would actually dethrone the almighty Bitcoin?
Now that they're celebrating their 1st anniversary, and fresh from Craig Wright's heated confrontation with Richard Heart on-stage at the Malta AI and Blockchain Summit, do you think it is really possible? I mean, look at Bitcoin now. It's impossible for top altcoins (even Ethereum, Ripple and Bitcoin Cash) to surpass Bitcoin as a widely used crypto.
I would love hearing your thoughts or opinions about this one guys. Cheers!