Altcoins put newcomers in the position of having to make mo…
Altcoins put newcomers in the position of having to make more difficult and risky choices. We need to outcompete all altcoins as rapidly as possible or there won't be newcomers. The only way is to create future productivity and demonstrate opportunity cost
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At this point, I would contend that the most important work has already been done. When fiat collapses all around the world, only the most secure and well-functioning, scalable coin will be usable due to the high load, and BSV that coin is already BSV.
A Gold rush will come first.
You don't know for now it Bitcoin will be around in 10 years.
If you need to protection against future uncertainty Bitcoin is not ready yet.
Nonsense; not only is Bitcoin ready for large volumes already, but of course it will be around in ten years.
As fiat collapses, people will obviously be buying precious metals en masse too, but no one is going back to using gold as money; Bitcoin wins.
For something to be money you just need to think it is, it's a religious leap of faith. To me, Gold is money as I think it is and I own it. I think you meant Bitcoin is easier to transact and that is undeniable.
Bitcoin is superior to Gold as money, yes.
That's true for fiat, not for actual money.
Money originates as the most tradeable commodity in an ecomony to solve problem of coincidence of wants inherent to barter. It has nothing to do with faith or belief. Bitcoin is far easier to trade than gold.
The minds of most people are not ready for Bitcoin yet.
Bitcoin has always been ready as capitalists adapt very rapidly to profitable growth.
By your own words Bitcoin is not money.
That's not relevant; fiat is about collapse no matter what the minds of people are ready for or not, and at that point they will learn to use Bitcoin quickly, since the only alternative is going back to using gold as money.
That's arguable. The most tradeable commodity in today's society is fiat, but only by virtue of being backed by the violent behavior of nation states; I would argue that accounting for this, Bitcoin is in fact the most tradeable commodity in the economy.