Quote from: NotATether on July 02, 2022, 11:49:50 AM

The rest of the altcoins that do not stabilize can disappear (e.g. Solana), I have no pity for them as they only serve to give larger cryptocurrencies (and crypto in general) a bad name in the news.

Really? How so? We can love and admire Bitcoin but we shouldn't be blinded to its faults too. I'm sure, if Bitcoin weren't the first it wouldn't even be having half the goodwill it's having as an edge on others. After all, it's not the only payment crypto. Come to think of it, Bitcoin doesn't even have a smart contract; does it?

Quote from: NotATether on July 02, 2022, 12:40:53 PM

Quote from: laredo7mm on July 02, 2022, 12:29:53 PM

~snipped~

I do not know. But what I do know is that USD and the currencies of oher big economies is concentrated in the hands of billionaires and billion-dolar companies (that's why we call them that), while the masses may have $100, $1000, $10K or perhaps $100K if they are lucky.

Isn't it the same way Bitcoin is? Those who hodl thousands of Bitcoin are in minority compared to those who hodl a few sats here and there.