Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs centralized Coins like Ripple
by
Stablexcoin
on 19/03/2025, 20:45:22 UTC
Bitcoin cannot be compared to any other crypto project, Bitcoin was the first and will remain the most decentralized one. No fraud by developers, no network security issues. For me, I only use the utility that altcoins have, buying them only to speculate and leverage my capital to then buy Bitcoin with some of the trade profits.
The cause of comparing Bitcoin to Ripple is provocative, the only similarity is that they are both digital assets (Ripple-liability). You hardly see an altcoin created with a motive of aiding legit transactions, the lack of utility when building altcoins has collapsed the sanity of every cryptocurrency that is not Bitcoin. While some don't take trust in shitcoins occupying the market, there are insensitive ones ready to trade their earned money into an absolute mess, having experienced the fall of many altcoins, gives me the right motivation to keep Bitcoin ahead of my gain.