What lies the future of Bitcoin now that defi coins keep soaring.
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As time goes on Bitcoin will start depreciating in value because investors would start switching to other alternatives
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Most of the Defi coins will eventually fizzle out. Yes, they’re soaring, but Bitcoin will still remain the Cryptocurrency to beat.
It will for a long time to come, still maintain the leadership position it occupies.
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Only time can tell but for the now let’s enjoy the moment.
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Bitcoin won’t depreciate… Most of these DeFi coins won’t last. Let’s just enjoy the flow while it lasts
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Bitcoin will remain bitcoin no matter what, so I’m not sure it’s gonna happen the way you thought.
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i hope it, twt will same with btc.
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so you think no defi coin will give Bitcoin a healthy competition? What do we mean by the word close substitute?
So you mean Bitcoin will not have a close subtitute into the forceable future? Bitcoin can’t be a monopolistic digital asset that’s all I know
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Do you know the word close substitute before? And do you know how close substitutes influence demand and supply ?
You are talking about the future but not now 
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You are getting it all wrong brother, nothing last forever in this world think twice
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