Who are tru competitors?

In the ever-evolving landscape of cryptocurrency and finance, the question of "Who are true competitors?" looms large. Are we to consider traditional banks and financial institutions, or the rival cryptocurrencies themselves? Could it be the upstart decentralized finance (DeFi) platforms that are challenging the established order? Or perhaps, it's the regulators and policymakers who are striving to bring clarity and stability to this rapidly growing sector. As we delve deeper, it becomes apparent that the answer is not as straightforward as it seems. True competitors are those who are not just challenging the current market leaders, but are also innovating and disrupting the entire financial ecosystem in a way that benefits the end-user. They are the ones who are pushing the boundaries of what's possible, challenging established norms, and driving the entire industry forward.