Post
Topic
Board Altcoin Discussion
Re: Is Defi can compete with BTC?
by
Kemarit
on 12/02/2021, 01:39:58 UTC
i have been scrolling down the bounties section and seen so many projects related to Defi and Bitcoin but i cannot understand how the new project like Defi is giving a hard time to BTC and even to other altcoins like ETH and ripple and many more?

every post and campaign i am seeing is about Defi and its making more money than others/

why?  Huh


Not by a long shot, Defi is just pure hype, so after it die or the hype is gone, the price can go down. While Bitcoin remains the prime mover in crypto so there's no comparison to begin with. What do you mean that it is giving Bitcoin a hard time, haven't you seen that the price is going to the moon? We are just about to touch $50,000 . So I don't understand where you get that idea.

The risk is also greater in this Defi, you just have to check the amount of money being lost to scammers and hackers who find exploits on some Defi platforms.