Quote from: KiaKia on Today at 06:41:22 PM

Quote from: MainIbem on July 18, 2023, 05:55:41 PM

Quote

Where could I store my assets in an emergency if there are no more bitcoins?

And you think if there's no bitcoin other coin would survive??
I can say with all assurance that if there's no bitcoin today all other altcoin will fold up by dumping 99 percentage.

You really think so? I doubt that because something like Ethereum can't die because it's the mother of all smart contract on the blockchain, I know many alts are whacked nonsense but if Bitcoin goes down its true it will affect the whole market but some altcoins will survive, there is one thing I like about blockchain and crypto, they have their different fields of niches, Litecoin and dogecoin will still survive without Bitcoin, if I can erase Bitcoin right now, more money will escape from Bitcoin and flow into other.

I am a big fan of Bitcoin still but every projects have their disadvantages too, you and I know that Bitcoin is not perfect in every way, some projects exists to continue from where Bitcoin left off.

Firstly, bear in mind that different crypto currency exist for different purpose. Bitcoin serves as a decentralized currency, Electrum does same but is well known for NFTs.
While BTC has had to come up with ordinals to close the bracket on NFTs, an investment in BTC will yield a lesser fraction of profit compared to Electrum or SOL or any other Litecoin, dogecoin, shitcoin out there.

The advantage of why we hold onto BTC is its reputation for having remained consistent in service delivery, security of assets, upgrade of its network because of congestion survival of 3 halvings and the coming of the next halving.

Besides the advantages of BTC, Electrum comes close with a price value which went from about $11 to around $1,892, increasing 17,103%, while BTC is >= $29,807 with a growth of 5,861%.