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Why the Bubble Won't Burst
#3

Why the Bubble Won't Burst

So as not to be completely doom and gloom:

1. Bitcoin has the best name recognition of any crypto. This is definitely a benefit.

2. Bitcoin is the only crypto I know of that is actually accepted as a currency outside of the crypto market and the black market. Although I personally believe that most normal businesses will drop BTC support eventually (they are starting already), for now this is an advantage for BTC.

3. Bitcoin has active developers and a lot of people invested in its continued success.

I am still pessimistic on the future of Bitcoin due to its fundamental technical and economic issues. But, those points above do work in its favor and it might carve itself a permanent niche somewhere.
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