Of course, I also believe that Bitcoin is much profitable than any altcoins and stable coins
as volatile as btc is but also the much safest to hodl above all.
Topic: NOTHING IS ABOVE BITCOIN - page 3. (Read 968 times)
Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."
He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
Bitcoin has been on the top for so long and amidst all the crisis and downfall it experienced, there was still no other cryptocurrency that was able to surpass its price. It became the setter of the value for crypto and most of altcoins go with its flow most of the time. Bitcoin has a huge potential in the future and your assumptions will not be able to stop it. It may look bad right now but as time passes by, for sure it will regain its high value or get higher than ever. For all the bitcoin enthusiasts, let us all keep on believing and hoping for the best for bitcoin. He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
It's such a great feeling when we get crypto enthusiasts share some supporting and motivating statements about bitcoin. This makes the community strong, we need more folks like these who believe in the technology and not folks who tumble down any time bitcoin prices plunges. No cryptocurrency can ever boast of having the success rate that bitcoin has seen over the past years.
For now bitcoin is still the king of cryptocurrencies and still nothing can challenge their position on the top coinmarketcap. Bitcoin will going further above and i trust that bitcoin will be pump up again soon.
All alts were also dependent in bitcoin when BTC pumps or dumps, alts will definitely follow too as we see in the past trends. That's why BTC is still consider the main crypto and above all cryptocurrency, it's ATH undeniably shows how BTC is still above all altcoins. And the basis of many crypto projects. I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.
Many new altcoin created every day but never can be above bitcoin with price or other thing, bitcoin is the king for other all altcoin and impossible when creating new altcoin can take bitcoin position on the first place with coin market cap, many altcoin have delist with lower price and scammer owner how to make altcoin never can replace with bitcoin price. Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."
He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
Bitcoin is so popular that no cryptocoins is still can gained this perception till now or even in the future. Stable currencies ( USD, EURO, POUND etc) are different and it not like Bitcoin. I think he is little bit right.
For now bitcoin is still the king of cryptocurrencies and still nothing can challenge their position on the top coinmarketcap. Bitcoin will going further above and i trust that bitcoin will be pump up again soon.
I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.
No matter what the central bank or the government authorities tried to control bitcoin from its adoption, time will really come that bitcoin and blockchain will have its full usage from the people. With this, transparency is all the matters that will make our world out from corruption and makes it a better place to live in.
Libra coin and USDT want to get permission from bitcoin investors, they want many people investing on bitcoin move to USDT but is not easy with profit giving by bitcoin investing than USDT, only have stable price for USDT but never can give much profit with price always the same day by day and different with bitcoin where can give much profit every days for investors.
The thing is would someone prefer to control their money over a government control, banks and every third party service you use to achieve your fiat?
Answer: Yes, of course!
By that you know that bitcoin provides you the self control, freedom of moving, trading, profiting the way you enjoy the most and whenever you want, whenever you need.
That's why people dislike the banking system vs a normal crytocurrency blockchain system.
Regardless of the real world system, virtual one is more secure and it has the user as main centralization with a global decentralization.
Answer: Yes, of course!
By that you know that bitcoin provides you the self control, freedom of moving, trading, profiting the way you enjoy the most and whenever you want, whenever you need.
That's why people dislike the banking system vs a normal crytocurrency blockchain system.
Regardless of the real world system, virtual one is more secure and it has the user as main centralization with a global decentralization.
I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.
No matter what the central bank or the government authorities tried to control bitcoin from its adoption, time will really come that bitcoin and blockchain will have its full usage from the people. With this, transparency is all the matters that will make our world out from corruption and makes it a better place to live in. 
This is the era of digitization. Stable coins whose intrinsic value represents a certain fiat, are often used to make payment transactions that are felt to be more effective, I'm also confused why not just use fiat? I think it's simpler. Yes, but no one forbids using it, making their respective decisions, and yet it is also effective to apply in cryptocurrency trading if there is a price change that is not in accordance with the analysis.
I have the feeling that some big banks most have secretly been backing some altcoin to possibly defeat the bitcoin, they have since realise that bitcoin is bitcoin and ripple is ripple no matter how you try to market XRP, bitcoin remains their king. It's a matter of time before they will realize they have toy with real technology.
Bitcoin will be Bitcoin. It has been already a decade and it is still being discussed to how long will it stay on top. Some people tend to claim that ETH will replace Bitcoin. It is like between the one that stayed at top against the one that climbed from the bottom.
Regardless of what happens, Bitcoin will surely be adopted the most in every country. If it wasn't meant to be that, it should already have been replaced or had died long time ago.
We can all see that bitcoin dominated any other altcoins, maybe because it is the most used cryptocurrency since it was started because come to think of it, in some projects, they are only receiving bitcoin as payment or support for them, and also in some gambling sites, they are only using bitcoin as their primary money as bet, but there are some gambling sites that are using different altcoin but they first bought bitcoin and just converted it into altcoin. We can see that bitcoin dominated any other altcoin in terms of price and volume. Regardless of what happens, Bitcoin will surely be adopted the most in every country. If it wasn't meant to be that, it should already have been replaced or had died long time ago.
Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."
He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
That's for sure, there are no other coins in the market that are better than Bitcoin, though I have seen a lot of them that claims to be better. Bitcoin is safe and it's not just meant for one purpose, but many. You can use Bitcoin for whatever purpose you want - there are people that would prefer to just be investing in it, while some are using it for transactions and it's always a better option than banks.. I have seen a lot of companies lately that are making use of Bitcoin to make payments, most of them are companies with remote workers ( people that are around the world and working for the company online.) they easily send payments to them without having to undergo the long processes that are being used in banks. He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
For now yes, we all agree with the statement that still up to this date Bitcoin cannot replace yet as the king of crypto and as the number one of all time, but we can't predict the future and we don't handle other people, there might have been cooking something that will compete Bitcoin, maybe not yet in the market and will just launch soon, we don't know yet so we'll need to watch out for this.
Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."
He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
That's for sure, there are no other coins in the market that are better than Bitcoin, though I have seen a lot of them that claims to be better. Bitcoin is safe and it's not just meant for one purpose, but many. You can use Bitcoin for whatever purpose you want - there are people that would prefer to just be investing in it, while some are using it for transactions and it's always a better option than banks.. I have seen a lot of companies lately that are making use of Bitcoin to make payments, most of them are companies with remote workers ( people that are around the world and working for the company online.) they easily send payments to them without having to undergo the long processes that are being used in banks. He continued that: "I think that blockchains are more about permissionless, uncensorable usage and free market money. I think while it is possible and useful for some use cases, like crypto trading, to have stable coins, they inherently fall short of Bitcoin as they have custody risk, and if there is a central bank underwriting also traditional establishment interests reflected in the operation which may look unattractive to users."
Source: https://cointelegraph.com/news/exclusive-nothing-is-above-bitcoin-no-cbdc-no-stablecoins-says-blockstream-ceo-adam-back
It is not really necessary to compare bitcoin or any other cryptocurrency to other digital cryptocurrencies. Cryptocurrencies without the frequent volatility or price fluctuations would be like the usual fiat currency we have around. Bitcoin has been unique with this main characteristic and essentially blockchain technology that makes it distinct from any other digital currency.
Adam Back, CEO of Blockstream and HashCash, has said: "Nothing is above Bitcoin, no Central Bank Digital Currency, no stable coins."
Everyone can have their narrative of a coin and some prefer fiat and some prefer other forms of payment and then there is bitcoin which is new in the market and not everyone can understand the full concept of bitcoin and it will take a long time for everyone to understand the real concept of having a decentralized currency, any digital currency will be below bitcoin and there is no second opinion about that but we need to go a long distance as this market is new compared to the others. This is exactly why stablecoins like USDT, TUSD, DAI, Libra, etc. won't gain much popularity. Cryptocurrencies and the blockchain technology were created with a scope - that we get rid of all the centralization and excessive control of authorities over the world. Corruption is at all time high level and transparency is nowhere near where we would like it to be. By adopting Bitcoin and blockchain & adiacent tech like smart contracts I'm sure we will make a much efficient & fair world.
The stablecoins especially libra could actually gain alot of popularity, only that they are backed by fiat currencies which are dangerously centralized. Am a bit comfortable with decentralized stablecoins that aren't entirely backed by fiat.
Hopefully we will have "stablecoin" backed by things like food(nutrients rich food) with long-shelf life. Food prices are usually stable.
It's not any exception issue, It's very simple that Bitcoin is the best crypto so far, you can't compare any other cryptocurrency with Bitcoin in terms of popularity, acceptability. or even monetary value. so it's obviously above from the other coin, still many people know Bitcoin is the cryptocurrency, they hardly know about the other cryptocurrency, it doesn't matter at the current moment that Bitcoin's mass adoption but from all the other aspect, Bitcoin is the master of this system so it's obviously in a better position, and that's why other cryptocurrencies haven't gained much space in the current market.
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