In my early days in crypto, I was looking for the one coin that solved all of crypto's problems.

But then after seeing the limitations Bitcoin will always have, I started to look at what the next Bitcoin would be.

Today, I realize that there isn't gonna be one crypto to rule them all. There's going to be many coins with their specialty, and an entire industry of specialized solutions.

Even the dominating blockchain and ecosystem, or the blockchain at the center of interoperability, is unlikely to be Bitcoin.

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Different coins for different utility.

Crypto has proven to be more than just a payment method.

There's now crypto for a wide range of utilities.

Look at our Moons for instance, they solve a specific problem for social media, engagement, and content creator reward. But the goal isn't for Moons to be a method of payment at the grocery store. Nor be a solution to solve all cryptocurrency problems.

There's many coins out there with a variety of utility, from DeFi to Oracles, and everything in between. Payment is still one of crypto's many utilities, with some coins able to process transactions instantly within seconds, for minimal cost, and some at potentially very high transactions per seconds that could surpass many credit card networks.

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The trilemma.

For some blockchains, it's also key to solve the trilemma, or come close enough to it.

The trilemma is the dilemma of having a chain that has all key 3 elements working at sufficient strength: security, scalability, and decentralization.

Right now, there's no chain that has fully solved the trilemma.

There are chains that have promising models that could potentially solve it in the future, and are just missing enough decentraliazion.

To solve the trilemma, we will probably have to look at gen 3 and gen 4 chains. We've seen that it's not gonna happen natively for BTC and ETH, without having to use second layers.

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The issue with BTC and ETH maximalism.

We've already seen that BTC can't really solve the trilemma, and isn't the most practical method of payment.

ETH also has that same issue, but at least it has shown to be great for the development of tokens, and the use of smart contracts.

But it's becoming obvious that neither of those are gonna be the jack of all trade coins, nor the chains to rule them all. And that's OK.

The closest thing there would be to a "chain to rule them all" would have to be one of the chains with great interoperability. But it would still be mainly specialized as an interoperability chain.

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What is the future of Bitcoin then?

Don't get me wrong, the future of Bitcoin is still bright.

It won't be the "one" coin. But it will still have value in its specialty.

The future of Bitcoin is likely gonna be the gold standard of crypto. The one chain and coin people trust for security and decentralization. Even if it's not very scalable, and isn't the most efficient method of payment for everyday transactions.

Just like we don't go around and pay for our groceries in gold, Bitcoin won't be the everyday payment solution, but the storage, wiring, security, and gold standard of crypto. It's the solid coin we've been able to rely on for more than a decade.

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