Bitcoin is better than Altcoins

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Avatar for Yugocean
1 year ago

Bitcoin is the first successful attempt at digital currency and economic freedom; every alternative to it is just next to it.

No Second Best

According to Bitcoin maximalist Michael Saylor, "There is no second best." This quotation provides us as the ideal way to contrast Bitcoin with other cryptocurrencies. When we look at the price of other cryptocurrencies in comparison to the price of bitcoin, we can see that several significant cryptocurrencies have now depreciated significantly. While bitcoin's value has increased in comparison. For Example, Bitcoin Cash

Better Altcoins have better Push

It is also not entirely correct that all other cryptos have fallen in value except bitcoin, as some of the smaller cryptos have gone up in value comparatively. But there has been some big hand behind those small crypto projects that have raised them up. Like Dogecoin under the influence of Elon Musk and BNB with the support of CZ.

Crypto opponents promote bitcoin.

Banks and investment firms only use the name of an altcoin in the financial sector when they invest in it; otherwise, they use the terms "Bitcoin" or "Crypto" in every situation, in this manner, the titans of the economic world only endorse bitcoin even while outright attacking it. Reasons are natural; Bitcoin is Bitcoin, and Altcoins are just alternatives to it.

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Avatar for Yugocean
1 year ago

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