My opinion is that I think that we will see a resurgence of cryptocurrency that prioritizes currency as its main function, like BCH or XRP.

This was the thing back in 2018 to mid 2020.

Right now, other than Bitcoin and Ethereum, most of the popular and biggest crypto by market capitalization are smart contracts such as cardano, solana, avalanche and then we have the dog coins.

The hype about smart contract blockchains is due to ethereum's gas fees being too high. Also, we have this decentralized finance and NFT hype going around and considering that we have so many creation of meme tokens being shilled by tiktokers or hashtags about some shitcoin hype on Twitter enough that money inflow into them can significantly change the total crypto market capitalization, the crypto market is relatively new.

The top five coins by market capitalization before then were Bitcoin, Ethereum, Bitcoin cash, XRP and XLM.

Aside from ethereum these four coins worked as actual currencies, the times when Bitcoin actually had a lot lower network fees than today.

The thing is, ethereum's POS upgrade will happen a few years from now and will pretty much make all the rest of the smart contract blockchains obsolete.

Also, since the crypto market is really new that means that it had became easy for the dog coins to be valued at a bubble compared to legitimate projects. The crypto market will mature though and will fall back to their respective places.

From here on out Bitcoin will always be seen as a store of value, ethereum will be seen as the defacto blockchain for smart contracts, and XRP would be the trusted blockchain for banks.

This leaves us with Bitcoin cash. It is the perfect crypto under the circumstance that you want the most decentralization as possible while not sacrificing performance from the blockchain.

submitted by /u/DrankTooMuchTequila to r/btc
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Quelle: bitcoin-en