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It’s funny.. Despite no longer putting too much time and effort into altcoins, I feel they play an important role of sorts, and I’m thankful for their existence. In a sense, I see them as somewhat positive network effects to Bitcoin. At the very least, a curious investor will open up an account on Gemini or Coinbase and even if they avoid Bitcoin due to the price, they have the option for exposure. When they open their app, they’ll see “BTC”, and perhaps after 10, 100, or 1000 times, they’ll decide that there’s something special about Bitcoin, and decide to do some more research.
This somewhat describes my journey. I had the sense that something was there, but kept trying to convince myself that a certain altcoin or two were better investments. I couldn’t fathom allocating so much money to one asset. However, knowledge is power, and after reading Satoshi’s white paper, and testimony from experts, I “got it”.
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I also think that even though mainstream or some people are barely new into the cryptocurrencies scene by some tokens or other cryptocurrency than Bitcoin, at the very least they got exposure into Bitcoin. The problem is they might seeing a new opportunity on altcoins while they neglecting of what Bitcoin can do without digging deep into what actually it is. It is soothing to hear about your journey, what I could remark is some quotes: "Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results". And yet you are here going on into the journey It’s funny.. Despite no longer putting too much time and effort into altcoins, I feel they play an important role of sorts, and I’m thankful for their existence. In a sense, I see them as somewhat positive network effects to Bitcoin. At the very least, a curious investor will open up an account on Gemini or Coinbase and even if they avoid Bitcoin due to the price, they have the option for exposure. When they open their app, they’ll see “BTC”, and perhaps after 10, 100, or 1000 times, they’ll decide that there’s something special about Bitcoin, and decide to do some more research.
This somewhat describes my journey. I had the sense that something was there, but kept trying to convince myself that a certain altcoin or two were better investments. I couldn’t fathom allocating so much money to one asset. However, knowledge is power, and after reading Satoshi’s white paper, and testimony from experts, I “got it”.
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