Post
Topic
Board Bitcoin Discussion
Re: Bitcoin maximalism: good or bad?
by
philipma1957
on 05/06/2025, 00:02:37 UTC
Yes. In addition, people should also accept that few cryptocurrency have different strength and weakness compared with Bitcoin. I use term "few" since most cryptocurrency is just copy-paste without bringing new strength or uniqueness.
There are "few" altcoins with strength or advantage against Bitcoin but if you want a decentralized and most secure blockchain to use, it's Bitcoin blockchain. If you want best safety for your fund, it's Bitcoin blockchain. It's easy decision if you can afford to pay more expensive transaction fee with Bitcoin blockchain, though it costs a little bit more, I think it is acceptable and worth to pay.

https://howmanyconfs.com/

one could argue that gear+hardware to marketcap $ ratio is a good way to determine how secure the network is.

btc market cap is 2 trillion

ltc+ doge market caps are 6.8+29.3 billion or 36 billion

2,000,000,000,000/36,000,000,000=55.556

55.55 to one bigger marketcap for btc

so the hard ware to secure the caps should be 55.55 to 1