Post
Topic
Board Economics
Re: Why Bitcoin is the only crypto you should BUY
by
suzanne5223
on 31/01/2024, 16:48:43 UTC
Bitcoin is just a meme, and there are a lot of memes out there.
No. From what you said I believe you still need to go and read the major reason behind Bitcoin's creation and the concept used to create it.
Bitcoin is never a copycat of any cryptocurrency, or create based on a joke to serve as a shitcoin.
The foundation of meme coin is created based on jokes, and copies of other crypto concepts backed with some dividend to catch the attention of naive investors.

Technically speaking, Bitcoin is roughly the same as all of the other cryptocurrencies, and vastly inferior to [snip] .
Technically, Bitcoin is different and it's the only true decentralized crypto we have in the market so far.
Now I understand your purpose make the above statement just to make this shitcoin you posted look superior.


I know the original reasons behind Bitcoin's creation, but nobody uses Bitcoin that way nor will they.
I don't agree with you about knowing the original reason behind Bitcoin's creation. None of the people who know the genuine reason for BTC creation once tagged it as a meme coin just the way you did.
Having said that, I believe you're among the nobody who didn't use BTC the way it is supposed to be used

Bitcoin is far too slow and expensive to be a viable means of mainstream transactions.
With this statement, you still claim to genuine reason for BTC creation the purpose issue like this was discussed when Satoshi announced BTC to the public. If the transaction is slow and expensive. Why not use alternative means like LN?

 
It couldn't handle even 1% of the world's current credit card transactions, let alone multiples of it as you would need to truly make it a replacement for today's worldwide transaction load.
BTC was not created to compete with credit card transactions or to be the world's mainstream payment.

And if Bitcoin isn't "the future of money", then it's just a meme. There's nothing wrong with that! Bitcoin is a powerful meme with a lot behind it, and lots of people know about the name, so they will invest in it.

And Bitcoin is the only decentralized crypto? So other cryptos like Ethereum and all of the others are "centralized"? Are you sure about that?
This technically means you have zero knowledge of BTC as a whole and there's no point opening your eyes to the real intention of BTC and it not being a meme coin.