Topic: The End All Coin (Read 815 times)
A coin that can play the roles a coin must play: storage of value, unit of account and a medium of exchange.
So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
If the market and people chose the very best cryptocurrency, then it is no other than bitcoin, and in that scenario, other altcoins will be eliminated to the battlefield and the focus will be centered to bitcoin and other strong crypto which I find good.
So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
There is no such things as perfect coins, even in FIAT there are no such perfect money. Its just simply coins, what decide a coins to be good or not is not if they are perfect or not, that is it's usability of that coins where everyone wanted to have it and utilize it. legendary
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So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
I think we need some stable coin along btc. Only btc or other only one coin can not meet our need. You can see that different coin has different goals. All are trying to some unique problems to make crypto easy to our real life. Thanks So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
Bitcoin itself but without huge electric energy consumption.Something very easy to use but very secured. I wanted to invest in few altcoins but it took me long time to find wallets and what to do so I gave up. Something which person without any technical knowledge will find easy to use.
There is no permanent in this world except change. I really believe on that saying because I am part of innovation in this world. However, it is not yet the end for all crypto coin, why? Because cryptocurrency is just starting to develop in the globe. Maybe, we are suffering from a bear market and scam projects but soon, we will see again the bright start in crypto space. You should not conclude immediately but look for the positive sides of crypto in the future.
I think that there will be a few coins that will be used by people and these coins will be recognized as valuable, such as Ethereum, Litecoin and Bitcoin. Other tokens and coins can be recognized as shares of companies.
I have little experience to give my opinion on these issues, but I'll try.
It seems that projects that meet a demand from a specific group can be the ideal project.
I mean that there is a group with a lot of power and that when some project meets the demand of this group.
Usually we see great valuations or even media on top.
Privacy is a feature that almost every group wants and it doesn't matter how strong those groups are.
It's logical to think that anyone in cryptocurrency is naturally adept at cryptography and crypto, hence protecting, hiding, shuffling information.
Only an opinion.
It seems that projects that meet a demand from a specific group can be the ideal project.
I mean that there is a group with a lot of power and that when some project meets the demand of this group.
Usually we see great valuations or even media on top.
Privacy is a feature that almost every group wants and it doesn't matter how strong those groups are.
It's logical to think that anyone in cryptocurrency is naturally adept at cryptography and crypto, hence protecting, hiding, shuffling information.
Only an opinion.
The ideal coin should be an integral part of the financial world and is acceptable in the real economy. This coin must have a stable exchange rate, must be suitable for interbank transactions, for transactions, for savings. She should give dividends if she can.
Stable based on what? If crypto is to replace fiat, then their prices should flip. You can always claim that btc had the stable price while usd had an unstable price in satoshis 
The ideal coin should be an integral part of the financial world and is acceptable in the real economy. This coin must have a stable exchange rate, must be suitable for interbank transactions, for transactions, for savings. She should give dividends if she can.
Stable based on what? If crypto is to replace fiat, then their prices should flip. You can always claim that btc had the stable price while usd had an unstable price in satoshis
I don't think that there will be the most perfect coin and the only crypto coin to use, because there is no one thing in this world that is perfect.
on the other hand bitcoin and other altcoins are tied together and need each other in blockchain technology, so everything will continue to go hand in hand and only those who can survive in the future will be the ones that I think are the best coins we need.
on the other hand bitcoin and other altcoins are tied together and need each other in blockchain technology, so everything will continue to go hand in hand and only those who can survive in the future will be the ones that I think are the best coins we need.
There is no such thing as 'perfect' in this world and this is one of the reason I believe that will make many coins survive in the future, they all have there advantages and disadvantages ,a coin or token can't solve all problems facing cryptocurrency
Even bitcoin can’t be a perfect coin, and that’s why altcoins are being created. Its hard to meet the never ending demand from the people, and considering the supply of new technologies, coins and so on there’s no way to be perfect. Altcoins will stay, its good for them to tay for good because bitcoin is also limited so we need other sources. So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
Except Bitcoin it cannot be overthrown by another altcoin. a coin wants to grow strongly and excel at the present, it must offer a new breakthrough technology
So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
Hardly ever we will wait for the appearance of the perfect coin in the cryptocurrency. Cryptocurrency performs very different functions and it is unlikely that everything can be combined in one coin. As there is no perfect footwear, clothes, there can be no perfect cryptocurrency. In addition, the cryptocurrency will be developed and improved for a long time and therefore the perfect coin will not be able to appear for a long time.
The ideal coin should be an integral part of the financial world and is acceptable in the real economy. This coin must have a stable exchange rate, must be suitable for interbank transactions, for transactions, for savings. She should give dividends if she can.
there isn't a single coin that's perfect because that's all coins are interdependent. I don't think there will ever be an altcoin that overthrow bitcoin because bitcoin has too high demand and will continue to be high,
There is nothing perfect no perfect coin no perfect being there must be an error somewhere somehow but there could be a case whereby the good has some good and quality features to suit the users
I am not looking for a perfect coin in this cryptoworld. What is needed is just the use of crypto in our daily activities like buying and selling so no need to look for a perfect coin because everything has a downside even if it is best.
nothing is perfect you are right, because every coin has a drawback. even though each coin has weaknesses but at least we are looking for the good and who have the advantages that can be profitable.if you can run Crypto correctly and correctly, you can generate from Crypto and vice versa.
You must be careful too, because not all coins are good and can be profitable so you have to research.
So what would the perfect coin look like? What sort of technology, abilities, and specs would the perfect coin have to have to overthrow Bitcoin and all others and be the only crypto currency we could ever need?
If a currency needs to be used then it must have a value apmost stability and can be transacted so bitcoin even can act as only cryptocurrency we need but already we have thousands of cryotos and more yet to come and no one is going to stop the creation of coins.
The reason why we have many altcoins is that they compliment each other. One weakness in one coin is solved by another. So I don't think there might be a perfect coin rather there will be many coins with real-world uses which in one way or the other will contribute the growth of the crypto space.
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