Quote from: Cryptoprincess101 on Today at 12:56:07 PM

Quote from: Zackz5000 on Today at 07:38:01 AM

Quote from: Sim_card on Today at 06:52:03 AM

Quote from: DubemIfedigbo001 on Today at 05:57:43 AM

This belief often extends to a conviction that cryptocurrencieswill eventually supplant traditional currencies and reshape the global financial landscape.

Firstly, you should use the appropriate word which is bitcoin and not cryptocurrency because you cannot hodli shitcoins and only bitcoin has the potential to grow exponentially and that is why only bitcoin long term invstors are called hodlers. You cannot hodli shitcoins because they are worthless and you will run at loss if you try to hodli shitcoins since they're for short term. JJG, you posted first what I was aboyt saying before me.

Secondly bitcoin will never replace fiat because that was not why it was created and as long as the world exist fiat will always exist since it was created by the government, so don't get it wrong that bitcoin will replace fiat because they will work and in hand. Or have gold replaced fiat?

You are right mate some forks here keep on using the word cryptocurrency instead of Bitcoin getting most newbies confused, they have forgotten that cryptocurrency is just a general word where Bitcoin and other unreliable conis lies.

That is why it is always important to be specific about the exact coin we are referring to so that new investors will also know the coin we are referring to but when the word cryptocurrency is been use it get people more confused.

Some newbies might decide to go and invest into
shitcoins believing it's Bitcoin because of some posters inability and unspecific about the exact coin they keep on referring to. Bitcoin can't be shitcoins and shitcoin can't be Bitcoin that is what they really need to know about.

Actually I don't think mentioning about cryptocurrency is not an appropriate word because Bitcoin is also a cryptocurrency in a general term but since Bitcoin is the mother of all cryptocurrency we still need to accord it that respects of being direct whenever we are talking about it or anything related to it. The more reason why we should be direct when referring to Bitcoin is mostly for new beginners who may not be able to differentiate between Bitcoin and other cryptocurrency and it will be an off topic generalizing Bitcoin with cryptocurrency when the discussion here is strictly Bitcoin friendly.

There is nothing wrong with attempting to be clear in your communications, and there surely exists an actual world in which there are a whole hell of a lot of shitcoins that attempt to promote themselves based on some kind of connection with bitcoin, and sometimes some of those shitcoins are in the news or even some discussion of bitcoin might also relate to what might be happening with some shitcoins, so it does not hurt to refer to or discuss those various kinds of situations.

Some of the problems related to the use of the term crypto frequently has to do with failing/refusing to specify what is being discussed as if it were its own category, including failure/refusal to use the term bitcoin if the reference is to bitcoin or to otherwise specify that bitcoin is not part of the reference, if that might be the case. Using the term crypto tends to be vague, ambiguous and frequently misleading, and even your proclamation that bitcoin is a part of crypto glosses over the problematic presumption that when the term crypto is used, then it is also referring to bitcoin.. which it may or may not be, and also sometimes there might even be some purposeful avoidance of the use of the word bitcoin or to perhaps try to appear smarter when discussing crypto and implying that crypto is something that you could actually buy, sell and/or otherwise get involved in spending time and energies.

Some folks are using the word crypto because they don't actually know what bitcoin is and they don't really know how to differentiate bitcoin and crypto, and there might not be anything wrong with that if they just disclose that they don't really know anything rather than using the crypto term as a way to gloss over their own ignorance in regards to how to clarify what they are trying to talk about.

Sure bitcoin is part of crypto, yet if you don't really specify what you are talking about, you also might mislead folks into believing that all crypto are the same and perhaps unwittingly (maybe intentional in some cases) misleading folks into believing that all crypto are variations of the same thing or variations of bitcoin.. so there develops some erroneous perceptions that crypto is just different variation of bitcoin in which the various crypto merely have differing prices an some various differing features that may well end up equalizing at some point... which is not completely untrue, but it still tends to be quite misleading and frequently gives too much of a positive platform to various shitcoins that end up profiting from their affiliation to bitcoin.

If any of attempts to specify what we are talking about or even proclaim some of the limits of our own knowledge (if that happens to be the case), then we likely are going to be better off, and another thing if we are within a bitcoin thread, then it tends to be better to be clarifying the extent to which we might be deviating from the topic if we are referring to various shitcoins or the "crypto" space rather than talking about bitcoin to also avoid pumping or promoting some of the various shitcoins, since frequently shitcoiners love to pump their crap and it may well be better to make sure that we are not pumping or promoting shitcoins within a bitcoin thread, which almost any discussion of shitcoins can devolve into discussions of which shitcoin is less shitty if we do not attempt to nip such discussions in the bud.