Post
Topic
Board Bitcoin Discussion
Re: What makes Bitcoin new from Other coins
by
betswift
on 02/12/2024, 12:34:45 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?
With how far this discussion have come, I believe you already have your answers in multiple comments on this thread.

But then, just to add, there is nothing new about bitcoin really, when you ask "what makes bitcoin new from other coins", it creates confusion in the minds of most people who may turn around to ask what exactly you mean.

There is nothing new about bitcoin, but in terms of it being different from other coins in the market, this is true, and the very thing we all should know is that, bitcoin is the oldest cryptocurrency in this currency market, this whole idea of blockchain and cryptocurrencies all began with Bitcoin, so, we can say that Bitcoin is the first mover in the market.

And by the above, we understand that over the years, with all the milestones bitcoin have achieved, interest in it have grown, people have come to trust in it, thereby investing heavily in it, and because of the kind of large userbase and ultiity bitcoin have achieved, it has also become the safest crypto asset to invest in as long as cryptocurrency is concerned.

Simply put - BTC didn't fail anybody, and it probably won't.
That's why people never stopped looking at it with interest and faith. Both folks around it and whales and institutions.
Time put everything as it needed to.