Is bitcoin network effect unbeatable?

this is a bit flame topic, but I just heard that you cannot beat bitcoin network effect, do u agree with that? I live in ilussion that autonomi with real time payment and no fee+data network could beat btc :smile: but its maybe true that store value in bitcoin is unbeatable now.

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I find it easiest just not to debate bitcoin maxi’s.
I have become immune for Michael Saylor videos.

Many things are possible, but how probable they are is hard to determine.

I think it’d take a long time for trust in Autonomi to be close enough to challenge BTC on store of value & get adopted by institutions etc. But I could imagine a world where Autonomi becomes very popular, with social networking / data backup / communications / video sharing apps & communities using Autonomi regularly as part of their digital lives.

If Autonomi based networks took over a big (or, even a fairly small) portion of users from Facebook, WhatsApp, YouTube, Instagram, or if a bunch of those started using Autonomi on their back ends, and people were using Autonomi for websites, forums etc, it would be dead easy to have a massive amount more daily active users than Bitcoin.

So, given a few years, I imagine it’d be possible that Autonomi could overtake Bitcoin in users and potentially market cap, but it is also possible that this won’t happen :laughing:

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Looking at what is happening in the world I’d say we can easily outshine Bitcoin when it comes to user adoption. I personally don’t think Bitcoin is ever going to be a real payment system. It will much more likely function as reserve / store of value. Market cap-wise I don’t think we can ever overtake Bitcoin, and that is a good thing. I really do think that ever Bitcoin is ever overtaken, we’re in for a very, very long bear cycle. Market as is is mainly based on the believe that its a safe haven, if we will just abandon one decentralized project for the next, what makes anyone believe that that one will last?

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How would Bitcoin’s market cap somehow cap ANT’s market cap if Autonomi gained mass-adoption & price was fuelled by real world usage and demand?

If Autonomi’s market cap were based on real demand and usage, it should be fairly insulated from any crypto bear market caused by a crisis of confidence at Bitcoin’s flippening.

Bitcoin getting overtaken has always been a possibility. So far ETH got quite close, but nothing has managed. I’ve always thought it’s possible and likely only a matter of time, as software improves, network effects are powerful, and Bitcoin hasn’t reached mass adoption (e.g. billions of people using it daily).

I’d be happy if Bitcoin keeps its crown… but even happier if ANT snatches it :smile:

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