We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?
We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)
+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)
+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)
The level of trust that bitcoin has is incomparable. These alts are probably good but not as safe and secure as bitcoin. Bitcoin established itself as a protection for inflation and historically proven to rise its price as time goes by. These alts aren't. Some of these are even hyped ones so my bet will always go to BTC.
I don't outrightly agree with that. Every other coin outside Bitcoin is referred to as an Alternative coin which Ethereum and many others are part of and we cannot say that these coins are all hyped and have not proven their worth in the cryptocurrency space too. Yes, Bitcoin would still be seen as a better choice for investment especially when there is good capital involve but some other cryptos are on that part too.