The leading developer of Monero Riccardo Spagni has claimed that Bitcoin will always have competitors, but exactly it has all chances to become global reserve currency.
Spagni has also stressed that BTC will never stay the single cryptocurrency, because this fact contradicts the very nature of human society, where exist struggle and competition.
“The chances that the whole world will agree to use only Bitcoin are close to zero. I don’t see the variant of the future, where exists the only cryptocurrency, which is used by everyone”, – Monero developer noted.
Riccardo Spagni has told that he sees Bitcoin`s potential to become the world’s reserve currency. Investment resource has also found out that he has stressed the first cryptocurrency can provide the significant level of anonymity and thanks to Lightning Network the problem of scaling is no longer so acute.
Then, users, willing to have the huge level of anonymity, can use Monero cryptocurrency in any time. “When large international companies are going to transfer money so that competitors don1t know about it, they may use Monero”, – Spagni noted.