Post
Topic
Board Bitcoin Discussion
Re: What makes Bitcoin new from Other coins
by
m2017
on 01/12/2024, 07:22:31 UTC
With the attention given to Bitcoin lately much people are gradually buying into the idea of Bitcoin as it has really changed the narrative and This made me think and ask what is really different about Bitcoin that makes it different from other alternate coin?
Let have your view concerning what makes Bitcoin stand out from others?
You should ask what makes bitcoin old compared to other coins. Then it would make sense.

Or ask another question. What new does bitcoin provide compared to other financial instruments, for example, investment ones, like traditional stocks and securities and traditional money. Here, we could discuss.

And if we answer your specific question, what is the difference between bitcoin and altcoins, then it is decentralization, greater faith in this asset, trust, a larger user base, greater capitalization, etc. But this is all a result of the fact that bitcoin appeared 1st. If we abstract from this, then the real difference is decentralization due to the lack of a single control center (founder and owner).