Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
No it won't happen.
Because we don't have a stupid bitch taking all the wrong decisions and although that getting paid millions.
Or do we...
Yahoo went down because of the greed and arrogance of its owners. They were wrong in putting too many advertisements on their search engine, and they erred in advocating a mandatory fee for sending the emails. But Bitcoin can't be compared to Yahoo. Obviously the greed is there (from the miners), but till now there is no viable alternative for Bitcoin. All the other alts are riddled with bugs.
Yahoo went down because it was crap.
The search engine was crap. The spam filter was and is crap.
Yahoo messenger was never meant to be used on mobiles.
And the list could go on and on and on.
Even the news section was stupid with articles tossed away in no sorting order whatsoever.