Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Why do you all ignore alternative tech on Bitcoin?
by
pooya87
on 28/08/2022, 07:06:35 UTC
⭐ Merited by o_e_l_e_o (4)
Look at the top altcoins.. All that market share taken away from Bitcoin mostly for the promise of tolkenization and smart contracts..
Bitcoin is a currency and is not created to be traded for us to care about how much "market share" it has. Specially if by market share you mean market cap ratio which is meaningless anyway.

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Most of that can already be done on Bitcoin, and with more development time and expertise even more is possible..
Most of what? Scamming people by creating tokens and selling a useless digital thing to them?
That is not possible on bitcoin and will never be.

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So why are you all so complacent to let all that market share slip away to other shitcoins when it could be kept in Bitcoin itself?
Give us one actual use case of tokens in real world then we talk about whether bitcoin should add this useless feature or not.

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All of you supposed Bitcoin maximalists, have you ever even used the DEX on bitcoin? Did you even know their was a DEX on Bitcoin? Have you ever created or traded assets on Bitcoin, even just to experiment and see what can be done?
Why not?
Because bitcoin is a currency. You don't see me trading on Forex market either. I earn bitcoin, get paid in bitcoin, pay others in bitcoin. Just like I do with fiat currencies.

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Bitcoin dominance is only 40% right now..
So it all comes down to you not understanding the difference between dominance and market cap ratio Tongue