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?
Bitcoin is different from altcoins in terms of popularity and reliability. Bitcoin is the first coin among digital coins and altcoins are copies of Bitcoin. That is, we can say that Bitcoin is the original digital currency and altcoins are fake or copies. I am not saying that altcoins are harmful like ordinary fake products, for example, I am saying that altcoins are a fake of Bitcoin. Now you will never want to choose a fake product over the original product. That is why Bitcoin is more popular.
Another main reason for the reliability and popularity of Bitcoin is the presence of more miners. The presence of more miners for Bitcoin mining further strengthens the security of Bitcoin. You will not find more miners in other coins like Bitcoin. Due to the presence of more miners, Bitcoin is almost impossible to hack. Although Bitcoin's security was somewhat fragile in the beginning, which led to scandals such as the Bitcoin theft in 2014. After handling the shock of the scandal, Bitcoin was able to regain its popularity and with the arrival of more miners, it is now almost impossible to compromise Bitcoin's security.
Another key reason for Bitcoin's popularity is its price pumping. Bitcoin is able to pump more than it dumps, due to which an investor can invest in Bitcoin without any risk and can stay in Bitcoin investment for a long time.