Chief Developer of Monroe Coin: The biggest advantage of Bitcoin is its network effect, which cannot be achieved by other currencies.

On June 4th, Monroe's chief developer Riccardo Spagni listed the 10-year history of Bitcoin as one of its strengths in an interview. Spagni added that in the past 10 years, Bitcoin's status has proven to be strong, and Bitcoin's biggest advantage lies in its network effect, which is impossible for other currencies. Spagni further stated that Digital Gold (BTC) has reached a certain degree of dominance and this will not be defeated. At the same time, Bitcoin will not be the only cryptocurrency that exists, and other cryptocurrencies will continue to survive.