The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.
That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).
Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally the legit ones they are btc and tether.
What do you think?
There is nothing wrong with what you said about bitcoin; in fact, bitcoin is proven and tested when it comes to the long-term and even the short-term if you have an idea and know how to trade in crypto.
But for me, it is better to use USDC than Tether as stablecoins, because I also have no other choice when I do a P2P transaction with USDC to our fiat here in my country.
Bitcoin is just a meme, and there are a lot of memes out there. Technically speaking, Bitcoin is roughly the same as all of the other cryptocurrencies, and vastly inferior to
Haypenny currencies which is a digital currency platform that can
actually scale to handle the world's daily transactions, e.g. millions of transactions per second and tens of billions per day.
Brands/memes come and go. The "Bitcoin" brand might be hot now and for the next few years, but it can fall by the wayside in the same way other brands have like Jordache and Members Only--or maybe it will endure like Polo or Izod. We'll see.
But one thing is for sure, there will be lots of other brands out there in the future that will become red-hot and they will give investors opportunities for massive gains...
If you think Bitcoin is a meme then you don't understand it and have never tried to understand it. I would never trust a project being shilled by somebody so clueless.
Bitcoin can also scale to handle billions of transactions if you just run it entirely on AWS. Doing that requires more trust and less censorship resistance as well as other tradeoffs that are contrary to its core principles.
Seems like bitcoin is too far from the meme? well whatever your deep base is, I think the understanding in that matter is wrong,
and that is not true.