Post
Topic
Board Bitcoin Discussion
Re: Is there a solution to alts leeching off bitcoin's strong valuation?
by
yazher
on 14/06/2022, 04:08:04 UTC
Big alts are buying bitcoin and using it as collateral, or wrapping it, or using it as part of their defi shenanigans.
Alts used to exist independently to compete with bitcoin, now they're drag it along with them and screwing bitcoiners.

Real altcoins can stand on their own with the help of the team behind them because they are motivated to do so and most importantly they are legit projects who really wanted to make some new kind of service in the crypto industry. as we know, we already witnessed huge numbers of projects who are like that and so far, they are successful and still ongoing today. Unless those projects are good only in the start but in reality, they have hidden agenda to scam people and we know when greed takes over the team, the project will fail and we know it already happened to some projects that we thought were legit.