Post
Topic
Board Bitcoin Discussion
Re: The biggest differences between Bitcoin and altcoins?
by
nullama
on 17/02/2025, 04:47:05 UTC
Bitcoin is the only truly decentralized and immutable digital asset. While altcoins claim to offer innovation most are just centralized experiments prone to manipulation. Bitcoin's proof of work system ensures real skin in the game, while many altcoins let insiders print toekns out of thin air. The market is flooded with hype driven projects but at the end of the day bitcoin remains the gold standard of digital money. I'd rather hold something truly scarce and battle tested.

Yes, absolutely.

Even Ethereum, which many people think is one of the best altcoins, was premined, is centralized, and is basically not hard money, as you can print as much as you want.

And yet, many people try to get rich quick with altcoins, it's basically an unregulated casino.

Bitcoin offers all the benefits that you need for hard money. That's really it. You can't really compete with that.

Most altcoins are just a way for the founders to get rich quick by getting the money from people that want to get rich quick...

It's a bit funny actually when you think about it Smiley