Re: Best arguments to make your friends understand that altcoins are not good
Hi all!
Lately, as Bitcoin approaches to 100,000$ I’ve found myself in discussions with friends who are intrigued by altcoins (not only Bitcoin), particularly those tied to AI, and other trending narratives. Many of these projects come with flashy promises, and while I often point out that 99% of altcoins are scams, Ponzi schemes, or poorly designed experiments, but I’d like to build a more well-rounded argument.
I’m seeking solid, fact-based arguments to explain why Bitcoin remains the superior option and why altcoins often fail as alternatives.
If anyone has good articles, podcasts, or research papers on these topics, I’d love some recommendations. I’d like to arm myself with more than just the “99% are scams” argument to engage in thoughtful and productive discussions.
Thank you in advance for any insights!
If you do really just that tend to look at on the top #100 in the market then you cant say that altcoins are scams or shit, and pretty sure that this is the reason on why your friends are really that wanting or really that liking to deal up with altcoins on which they've seen that they can make profits more than on what they can make it with Bitcoin.Lately, as Bitcoin approaches to 100,000$ I’ve found myself in discussions with friends who are intrigued by altcoins (not only Bitcoin), particularly those tied to AI, and other trending narratives. Many of these projects come with flashy promises, and while I often point out that 99% of altcoins are scams, Ponzi schemes, or poorly designed experiments, but I’d like to build a more well-rounded argument.
I’m seeking solid, fact-based arguments to explain why Bitcoin remains the superior option and why altcoins often fail as alternatives.
If anyone has good articles, podcasts, or research papers on these topics, I’d love some recommendations. I’d like to arm myself with more than just the “99% are scams” argument to engage in thoughtful and productive discussions.
Thank you in advance for any insights!
If you dont like to have some argument or worrying about some good approach towards your friends then just let them be on the things that they do like and just mind with your own business because we do have our own preferences when it comes into this aspect on which means that on the time that we do see something better then we do normally be sticking with it.
Choosing in between Bitcoin and altcoins then why wont be having that both? You cant blame them on why they would be wanting on dealing up with altcoins on which even if we do speak about meme coins then there are investors or people that will be wanting it up to have that fast profits for them to make money on which they cant be able to do so when dealing up with Bitcoin. Its their own personal choice on putting up more focus on altcoins and just let them be on what they do wanted to deal up with.