Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is superior
by
awazieik
on 07/09/2018, 18:14:15 UTC
Lately I have realized couple of newbies complain about vulnerability of the market because of the dips
But truth is we seem to have forgotten that

Whereas Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment, Ethereum is the largest decentralised application network.

That explains why bitcoin dominance seem unbreachable

Bitcoin dominace goes beyond being the first and decentralized digital currency and history shows that there were other digital currencies that were introduced but were not able to gain popularity like bitcoin. I think that there is a misconception about Cryptocurrencies and blockchain technology. The idea of decentralisation is not about which is better but about synergy and cooperation among a lot of blockchain technolgy. However for now, people are more familiar with bitcoin than other cryptos