RATE Group | Bitcoin (BTC) – Catalysts that could propel Bitcoin to over $100k – Crypto Recorder
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Bitcoin (BTC) – Catalysts that could propel Bitcoin to over $100k – Crypto Recorder

06 May Bitcoin (BTC) – Catalysts that could propel Bitcoin to over $100k – Crypto Recorder

Posted at 20:10h in Bitcoin News by

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There has been debate for some time now about the future of bitcoin (BTC). On one side, there are bitcoin maximalists who believe that bitcoin will eventually whitewash the rest of the market, and emerge as the only relevant crypto. On the other hand, there are those who believe that the emergence of altcoins that are technically better than bitcoin will lead to its eventual irrelevance, and demise. While no one can really predict the future, it is easy to tell that bitcoin is not going anywhere. In fact, those who believe in its eventual monopoly might be right. Here are a few reasons why.

  1. Bitcoin (BTC) could eventually make privacy coins irrelevant

A good chunk of the cryptocurrency total market cap is made up of privacy-focused altcoins. However, bitcoin has the potential to make them irrelevant, thanks to coin mixers. Coin mixers work by shuffling the addresses between the bitcoin sending and the receiving address, thereby making such transaction pretty much untraceable….

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