Quote from: madnessteat on June 07, 2025, 08:08:58 PM

Quote from: ChicksX on June 04, 2025, 01:00:34 PM

It's a clear contrast: decentralization versus centralization. While Bitcoin champions true decentralization, altcoins often reveal the inherent flaws of centralized control. Ultimately, the existence of altcoins, with their higher risks and frequent failures, serves to highlight the undeniable superiority of Bitcoin. They can offer speculative gains and niche functions like privacy or small transactions, but they also serve as a stark reminder of why deep research is crucial. For advanced users, understanding these risks is key when dabbling in the altcoin space.

In reality, not all people who use cryptocurrencies consider decentralization to be something essential and of primary importance. Many of them don't care how decentralized the network is as long as their transactions are processed faster than on the Bitcoin network and their funds have never been frozen or seized. I have met more than one person who said that they use centralized networks and do not see any problem with that. There is no point in trying to convince them otherwise, because each of us finds what we like in cryptocurrencies.

I think you'd find that with retail investors, it is more about what their feed on their social media is saying, more than it is about what they know or how fast their transactions are. Social media shills XRP like no tomorrow.