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Cryptocurrency discussions / Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« on: Today at 09:44:35 AM »Those are quite fine points to consider and I believe a lot people haven't really been seeing the whole Bitcoin and altcoins relationship that way.
Although the belief have been that altcoins needs Bitcoin more (that's if bitcoin even needs altcoins) because Bitcoin's popularity and status has actually paved way for altcoins surface and thrive in the crypto space. So it's mostly believe that whatever popularity and altcoin attains in the crypto space, it's definitely because of Bitcoin.
And then the only benefit of altcoins to Bitcoin or crypto space at large that were very common amongst crypto enthusiasts is that Altcoins is believed to have offered diversity as well as innovation, now people have variety of options to also consider and divert their investment to, which actually helps to keep the crypto space vibrant and considerable for investors and other users.
In other words, Bitcoin is a pioneer and Altcoins is the next level for the adoption.
Altcoins have had a huge influence on the development of the crypto industry. Probably nothing or just the beginning.
And the rise of crypto is reshaping how we think about money and power.
It will be intriguing to see how the political landscape responds to this shifting tide.