BTC maximalism is the only logical conclusion. The chain with the most usage and hash rate is the most secure and censorship resistant. That is the innovation, censorship resistance. There are many ways to send digital tokens online, only BTC can withstand person, group, and gov. censorship.
BTC maximalism is the only logical conclusion...
Dapps on Ethereum sound great, but what is going to incentivize people to use it? Anyone who has an answer is guessing. Holochain sounds great, but what is the incentive?
Miners are incentivized with BTC. It’s a self fulfilling prophecy: the price means greater mining reward, more mining makes it “harder” money, which means people are going to value it more. I see no path for anything to flip BTC.
Woke
Good luck with altcoins, you might be able to trade for profit but the end game for all proof of work altcoins is zero. Proof of stake MIGHT be able to have decentralization, but again I don’t see an incentive structure. Why use one PoS over another.
Shoooooosh...I like seeing the wojacks, let them lose another 50% in sat value
Alt cucks will eventually learn once they lose enough money
Imagine being aware of bitcoin and only holding alts for USD gains lmao
If BCH (or BSV) has more people mining and using it than BTC, then I would concede it’s Bitcoin. But marketing and conspiracy theory don’t mean anything at the end of the day. We need to be prepared for full on propaganda campaigns better than what Roger and CSW have managed. People can lie, groups can lie, and governments can lie. The thing that cannot lie is hash rate, and it’s one of the few things we can point to as an ultimate truth.
hard truths being spoken here
Did you hear about NANO ?
What happened?
Im pretty sure its just institutional money pouring in. Institutions arent going to buy some shitcoin. They want the king because its the safest bet. This is why BTC dominance keeps climbing. Last season it was retail speculation, this season its institutional diversification.
I agree. There hasn’t been any technical breakthrough, it’s likely big boys are just finally becoming comfortable given the performance over time, and there’s better education out there.
Still don't understand how any of you bitcoin core cucks don't see what blockstream has done to the coin.
The train may still have momentum, but its rapidly approaching a steep cliff.
God you guys have the worst kind of brain damage. Kys
>The chain with the most usage
stopped right there
And BSV will be that coin on the future.
>institutional diversification
>buy only bitcoins, no large cap alts
pick one
gold, silver, stocks, govt bonds, municipal bonds, corporate bonds, FOREX, CDOs, credit default swaps, natural resources, real estate and now bitcoin.
You can "diversify" into anything but if you are buying garbage its just a waste of money.
also I fucking knew one of you absolute brainlets would say this. Probably sitting there thinking your real clever. Total dumbass.
>dont buy garbage
>lists silver
Which large cap alt?
ETH the experimental and bloated platform with questionable legal status that's still under heavy core development that requires central control to deploy?
XRP the federated bank token where every cent bought goes directly into the pockets of entrenched banking interests?
BCH the fraud token that pretends all the issues with blockchain tech simply don't exist?
LTC the bitcoin clone with no purpose except to test features for future deployment on BTC?
DOGE the greatest meme token in history?
I agree buy DOGE.
all of the above?
your concept of alts is dated
once we get out of the haze created by by the ICO and IEO craze you'll understand
Why? If I'm Russia or Iran with BTC I can avoid sanctions while backing an upcoming technologically superior competitor to the petrodollar with better returns and a proven track record of a decade. Buying any of those other shitcoins would just be burning wealth.