Post
Topic
Board Bitcoin Discussion
Re: I don’t like the term “crypto”
by
Sandra_hakeem
on 24/04/2024, 22:05:27 UTC
Anything that uses blockchain is crypto. So bitcoin is crypto!
That's so untrue! IOTA doesn't have a blockchain... All transactions are recorded on a private ledger. The point wasn't even based off of the fact that cryptocurrencies don't have blockchains so what are you saying?
BTC> I don’t like the term “crypto” …Not only because it distorts the field of cryptography, but it is also very much related to scam schemes, perpetrated by individuals who have 70% pre-mined coins, create pseudo-decentralized systems, and register trademarks, among other tactics…
it has created a very Stern impression in our minds - coupled with the rug pull over the years on CEX - people tend to look at bitcoin in disdain when it's collectively Called among cryptos..
You see, learning is a process that never denies an impartation...As a result, people have seen the relentless evolvement overtime and, Bitcoin doesn't have to prove itself through several more decades.