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![chickenfinesse1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1881058764104634368.png) Paul Rello [@chickenfinesse1](/creator/twitter/chickenfinesse1) on x XXX followers
Created: 2025-07-27 00:06:38 UTC

I respectfully disagree with the notion that every cryptocurrency except Bitcoin will go to zero, is comparable to saying the first car ever made would be the last. This analogy oversimplifies the dynamic and evolving nature of blockchain technology, and it underestimates the potential for innovative teams to develop superior alternatives that could thrive alongside Bitcoin. Let’s examine why this perspective holds strong.

First, the comparison to the first car, such as Karl Benz’s 1886 Motorwagen, fails to account for the unique trajectory of cryptocurrencies. The Motorwagen sparked an automotive revolution, leading to diverse vehicles like the Ford Model T, electric cars, and Teslas, each building on past innovations to meet new demands. Similarly, Bitcoin, launched in 2009, pioneered decentralized money with its proof-of-work system, but its limitations such as X transactions per second and energy consumption of approximately XXX TWh annually have opened the door for advancement. Altcoins like Ethereum, with its smart contract capabilities, Solana with its XXXXXX TPS theoretical throughput, and $XRD with its aim for XXXXXXX swaps per second in their upcoming third party validated test in August , demonstrate that innovation can create viable alternatives. These projects address real-world needs, suggesting that the crypto space, like the automotive industry, can support multiple successful players rather than a single survivor.

Second, the idea that all other coins will inevitably hit zero ignores the historical evidence of technological ecosystems supporting coexistence. The internet thrives with protocols like HTTP, TCP/IP, and emerging Web3 standards, while the smartphone market sustains both Apple and Android. A 2024 Chainalysis report highlights that altcoins account for XX% of crypto transaction volume, reflecting their practical utility. With over XXXXXX cryptocurrencies tracked by CoinGecko, only about XX% have failed, leaving a significant number with strong fundamentals—such as Ethereum and Cardano—capable of enduring. This diversity indicates that altcoins can carve out niches, much as different car types serve distinct purposes today, rather than collapsing entirely.

Finally, the potential for altcoins to explode in value at a rate comparable to Bitcoin’s rise from $X to $XXXXXX further undermines Back’s absolute prediction. Bitcoin’s growth was fueled by early adoption and scarcity, but altcoins like Ethereum, which surged from $XXXX in 2015 to over $XXXXX in 2021, show similar potential when backed by innovation and adoption. Projects like XRD or Polkadot, with their focus on scalability and interoperability, could attract mass use perhaps even national adoption mirroring Bitcoin’s success. The current crypto market cap of suggests ample room for multiple winners, and the deepening understanding of blockchain since 2009 positions innovative teams to create the next big breakthrough, much like Tesla revolutionized electric vehicles.
While Bitcoin may remain the most successful cryptocurrency due to its first-mover advantage and its current market cap, the assertion that all other coins will go to zero is unconvincing. The historical precedent of technological evolution and the ongoing advancements in blockchain technology point to a future where several altcoins not only survive but also flourish. To suggest otherwise is to deny the creative potential that has driven progress across industries, including the very foundation Bitcoin itself represents.

@adam3us


XX engagements

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[Post Link](https://x.com/chickenfinesse1/status/1949260102390694376)

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chickenfinesse1 Avatar Paul Rello @chickenfinesse1 on x XXX followers Created: 2025-07-27 00:06:38 UTC

I respectfully disagree with the notion that every cryptocurrency except Bitcoin will go to zero, is comparable to saying the first car ever made would be the last. This analogy oversimplifies the dynamic and evolving nature of blockchain technology, and it underestimates the potential for innovative teams to develop superior alternatives that could thrive alongside Bitcoin. Let’s examine why this perspective holds strong.

First, the comparison to the first car, such as Karl Benz’s 1886 Motorwagen, fails to account for the unique trajectory of cryptocurrencies. The Motorwagen sparked an automotive revolution, leading to diverse vehicles like the Ford Model T, electric cars, and Teslas, each building on past innovations to meet new demands. Similarly, Bitcoin, launched in 2009, pioneered decentralized money with its proof-of-work system, but its limitations such as X transactions per second and energy consumption of approximately XXX TWh annually have opened the door for advancement. Altcoins like Ethereum, with its smart contract capabilities, Solana with its XXXXXX TPS theoretical throughput, and $XRD with its aim for XXXXXXX swaps per second in their upcoming third party validated test in August , demonstrate that innovation can create viable alternatives. These projects address real-world needs, suggesting that the crypto space, like the automotive industry, can support multiple successful players rather than a single survivor.

Second, the idea that all other coins will inevitably hit zero ignores the historical evidence of technological ecosystems supporting coexistence. The internet thrives with protocols like HTTP, TCP/IP, and emerging Web3 standards, while the smartphone market sustains both Apple and Android. A 2024 Chainalysis report highlights that altcoins account for XX% of crypto transaction volume, reflecting their practical utility. With over XXXXXX cryptocurrencies tracked by CoinGecko, only about XX% have failed, leaving a significant number with strong fundamentals—such as Ethereum and Cardano—capable of enduring. This diversity indicates that altcoins can carve out niches, much as different car types serve distinct purposes today, rather than collapsing entirely.

Finally, the potential for altcoins to explode in value at a rate comparable to Bitcoin’s rise from $X to $XXXXXX further undermines Back’s absolute prediction. Bitcoin’s growth was fueled by early adoption and scarcity, but altcoins like Ethereum, which surged from $XXXX in 2015 to over $XXXXX in 2021, show similar potential when backed by innovation and adoption. Projects like XRD or Polkadot, with their focus on scalability and interoperability, could attract mass use perhaps even national adoption mirroring Bitcoin’s success. The current crypto market cap of suggests ample room for multiple winners, and the deepening understanding of blockchain since 2009 positions innovative teams to create the next big breakthrough, much like Tesla revolutionized electric vehicles. While Bitcoin may remain the most successful cryptocurrency due to its first-mover advantage and its current market cap, the assertion that all other coins will go to zero is unconvincing. The historical precedent of technological evolution and the ongoing advancements in blockchain technology point to a future where several altcoins not only survive but also flourish. To suggest otherwise is to deny the creative potential that has driven progress across industries, including the very foundation Bitcoin itself represents.

@adam3us

XX engagements

Engagements Line Chart

Related Topics superior stocks technology blockchain cryptocurrency bitcoin coins layer 1 coins bitcoin ecosystem coins pow

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