Bitcoin began as a bust, "bitcoin bubble" in the early adoption stages. Ever inciting jeers and contempt on the established order of business.
We have seen the coin give leeway for more crypto assets to emerge, with the rise of Ethereum, Dogecoin and Litecoin. Projects promising transformation in the way transactions are processed, or the way data is managed, and the likes.
Whilst the establishments continue raining impediments, we go on to witness more expansion in this "bubble". Is the bubble not supposed to burst by now? Rises Dashcoin, Bitcoin Gold, Monero, etc. Now, the infant is becoming a torrent which the establishment are struggling to wrap their hands upon. Amidst all this, we are still in the early days of the Crypto Revolution. Each and every project promising transformation, but in it's entirety, most projects aimed at the head-honcho, bitcoin.
Intending to drive it out of the board, yet if bitcoin is out of the board, the whole idea of Cryptocurrencies might as well go into ashes. This is due to the fact that, even the beggar on the streets knows bitcoin, but for most Ethereum, it is still a name that most would scratch their heads if asked of it's knowledge. I know you are probably thinking, I'm out of the hinges. But this is coming from a third world country perspective.
So, is the Cryptocurrency revolution a flop? When referring to cryptos, first thought is bitcoin. Bitcoin is holding on, but most projects are still sidelining the currency. Should bitcoin fail to stabilize, let us consider all currencies fates on the guillotines.
Thus concluding, bitcoin in the eyes of the public is Central Bank.
More articles on the CryptoRevo a Flop?!? the series to follow
