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RE: Will Steem and other altcoins ever move out of Bitcoin Shadow?

in #news7 years ago

Being a first mover in a new industry is incredibly important, that's why bitcoin sort of controls the price of all coins. If the very first in the industry falls for reasons that affect the entire industry, then the rest will fall too. However, if other coins continue to do more than bitcoin has or can do, then we'll eventually see a paradigm shift to a new industry leader. For now, all we can do is to continue to support this technology that gives power to voice of everyday people.