Cryptocurrency is a place of competition

[robert20]

Competition in crypto is a very good thing. This make the industry to grow. It encourages other existed projects to improve them. It lets people to find differences between projects and decide which is good and which should they invets in. This doesn't mean the death of crypto.

[Callisto]

He said deeply, I agree with the competition, the strongest always wins, but friendship is 100%, it happens that young people find a couple for themselves and even get married in the network of the crypto world

[Piku]

I think the current market makes the difference between blockchain and DeFi projects. However, DeFi projects are members of the blockchain. built by blockchain platform. However, since eth is platform based, DeFi is recognized as a token, not a coin. So if eth takes any new initiative in the market, it will build its own platform. However, no one is aware of the matter yet.

[Galaxy]

I think it will remain as blockchain technology at present. But any new team will try to create something new. As of recently, many coins have improved due to DeFi. Thus the advent of some technology will continue to happen. We may not be there that day. So I think blockchain will remain as technology.

[sumaiyashimu]

Of course Cryptocurrency is a place of competition,
There are very few new coins or tokens that can survive.

[TomPluz]

Competition can be bringing the best of the best but also sometimes can be a trigger or catalyst for the worse behavior of some to show up and flourish. Overall, competition remains to be positive for the whole marketplace...as everybody is trying to be at the top of their game. There is no question that we have is a big business -- a chance to be making big money for projects who are making it  and this alone is making the whole market tough to crack.

[MrSpasybo]

Competition can be bringing the best of the best but also sometimes can be a trigger or catalyst for the worse behavior of some to show up and flourish. Overall, competition remains to be positive for the whole marketplace...as everybody is trying to be at the top of their game. There is no question that we have is a big business -- a chance to be making big money for projects who are making it  and this alone is making the whole market tough to crack.

+1 for a good idea
Philosophy states that "contradiction is the driving force for development"

Thanks to competition we have smartphones instead of phones with Nokia's T9 keyboard or BlackBerry's qwerty keyboard.
Thanks to competition we always have better products with cheaper value.
Thanks to competition, each sector in the economy has more motivation to develop themselves to dominate the market. Without EOS, Cardano, TRON, maybe we still can't have ETH2.0 using POS

Competition is better than monopoly - that's what we know very well.

However, competition sometimes creates problems if the participants do not use legitimate methods. Sometimes a lot of scam projects are born and advertise themselves as competing with Binance, with Ethereum, with Bitcoin... They confuse people.

I find that in an open and transparent world, when competition is fierce, we have many better products.

[Seerge]

The important thing is that all compete positively and do not knock each other out. And I think this is normal. Because this is a business to profit from existing Cryptocurrency projects.
And this is a natural thing, and we ourselves have to be very clever in choosing which path we are on, so that we can benefit from this competition.

[masterrex]

Blockchain against blockchain. DeFi against DeFi. This is a place where the battle is all about consistency and security. A place where toughest projects and persons develop. A place of wisest idea regarding cryptocurrency and digital platforms. A place of community through virtual and anonymity.
All of these is about communication. Despite this is a place of competition this is also a place of friendship. We compete at the same time we create friendship.

Exactly thats why those platforms that have no real development and use case will be destined to die in the process while those platforms that have the real use-case will continue to thrive because they have a strong community and fundamentals to anchor and hold so that the platform will continue to face the harsh crypto environment.

[Galley]

Healthy competition in any business has a positive effect on the development of projects. Cryptocurrency is no exception in this matter. In the presence of competition, there is no way to stay in place, only constant development and improvement allows you to gain advantages over competitors.

[Ghozrd]

There are many new altcoin projects in the future, more than 100 new projects per year and this situation will continue as long as no one controls the system of new projects on cryptocurrency.
The number of new projects has positive and negative impacts for crypto enthusiasts, they will invest and want to get quick profits.
DeFi is indeed popular this year, but there will be new projects in the future that will compete and be more popular than the DeFi project.

[Dociko]

Blockchain will remain as technology. Some new technologies may come. But no technology can beat the blockchain. I use blockchain technology and have seen a lot of popularity. So I think there is no such thing as blockchain technology occupying a place in the market.

[MRM]

Blockchain vs Blockchain, DeFi vs DeFi. These two are currently the topic of discussion around the world. Many bring these two issues to the first level of discussion and consider them rivals. But we do not know what the future holds. I can understand something from different news.

[Duckenth]

This is the competition of modern technology today, Blockchain vs Blockchain, Defi vs Defi and which one will be the best chosen by the community and will raise the most money.

[Riya143]

There is blockchain against blockchain. There is DeFi against DeFi. That is very true. I think it currently works as two technologies. But I think old technology can never fail. I think boxing technology is important. However, DeFi projects are not against the blockchain.