this weirdo idea of some experts that bitcoin will be replaced by something better which we should wait for is so brutally flawed that I really wonder what they get their money for.
I see two spaces which will be filled by something other than bitcoin. The 2.0 smart contracts etc system (counterparty? etherium? nxt?) and privacy.
Market-pegged crypto assets are another very cool niche as well. I love the idea that I can short the S&P 500 using cryptographically secure collateral in a trustless, low-risk environment. Or hold crypto-rubles or crypto-Chinese yuan. Market-pegged assets are just as interesting a niche as smart contracts. We just have to see which system can do it best.
look - I hold even one of this smart contract tokens in quite a decent amount and had even a few projects more - the nearer to bitcoin the better.
but if you really really break it down you have to ask - why use bitshares as a collateral, when it would be much easier to use btc as a collateral? - if it works they will clone it and use it as a sidechain, same holds true for obvious all other 2.0 projects.
my argumentation for still holding especially the one I am closest to is that the incentive for btc to clone is low as well as it takes serious manpower to do it. if they fail to clone these projects early theymay have time to enter the space and embed into the industry.
the
core difference with monero or the technology is that bitcoin will have
serious political problems to embed it into a sidechain once it is regulated. do you really think that any authority will accept an (almost) bulletproof private ledger, where blockchain analysis is (close to) impossible?
as told before - there will probably be one big decentralised transparent ledger, which is very likely bitcoin. there will additionally be one big private decentralised ledger - this one still has to be found - I think monero is at this point of time the most likely.
