Too Long; Didn't Read
The cryptocurrencies at present are not threatening any traditional currencies like the Devil Dollar, why because they are already battling intrinsic issues like unanticipated price manipulations, pump and dump of schemes, and acts of cybercriminals that contribute to this ongoing paradox. New ICOs are emerging out of the soil laid by government assumptions, in an aim to solve these problems, they are on the contrary downsizing the older ICOS, further creating a congestion paradox. As transaction demand expands, high transaction costs get worse and worse, which is why Bitcoin is continuously drowning.