The Newest Fidelity Digital Assets Report: Bitcoin Will Not Be Replaced By Other Cryptocurrencies

12.02.2022 10:22
by Nina Petrov
1 min read

“Bitcoin First”, recent research by Fidelity Digital Assets, addresses common concerns among Bitcoin owners. According to this agency, most clients wonder if other cryptocurrencies will outrun Bitcoin and its lower upside potential.

According to Chris Kuiper from Fidelity Digital Assets, BTC can’t ever be replaced, as it is the most decentralized and safest monetary system that has ever been invented.

On the other hand, Kuiper admits that Bitcoin might not have the highest upside potential, but it still isn’t insignificant. 

Besides, Bitcoin is still the least risky crypto. Compared to it, says Kuiper, other cryptocurrencies are venture capital bets.

Author

  • Nina Petrov is a theoretical mathematician, passionate about new trends in the global economy and blockchain technology. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst.

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