Quote from: Wind_FURY on September 17, 2024, 01:26:56 PM

There's nothing wrong with "investing" in a token/altcoin/shitcoin if you truly accept it within yourself that the way those projects are built behind them are probably not sustainable/profitable enough to maintain the value of those coins/tokens. Or the profitability of the protocol/project might not entirely depend on the coin/token.

BUT in the technical side of things, everything else is a shitcoin compared to Bitcoin. It's simply the truth. Although there might be one or two good altcoins/blockchains that may continue to exist for decades with Bitcoin.

Not the technical side, but rather the way most alternative blockchains are organized. Around 90% of them are centralized. On a technical level, altcoins have superior features than Bitcoin. But what use does that have if they're prone to outages, vulnerabilities, and whatnot? A Blockchain network must be secure and reliable enough to be used for day-to-day payments. It's why Bitcoin is and will always be the best cryptocurrency in the world.

Nothing comes as close to BTC in terms of decentralization and censorship-resistance. Even the world's second-largest cryptocurrency by market cap (ETH) has been struggling to beat the "King". Vitalik and team got too greedy, and now they've forgotten about Ethereum's true principles of decentralization. It's nothing but a centralized "shitcoin" now. Same as Solana, Binance Chain, and XRP. Most noobs won't give a damn about this as long as they get convenience in return. It's all about making money these days.

If BTC and most other altcoins make you profit, why bother in getting to know more about their underlying mechanics? Those who actually care about decentralization, are only a handful of people (the minority). Expect Bitcoin maximalism to be relevant for the remainder of Bitcoin's existence. Cheesy