Quote from: Pablo-wood on June 16, 2025, 06:30:02 PM

Quote from: TheUltraElite on June 16, 2025, 09:28:56 AM

In short placing your money in bitcoin means it is like a new age savings account. Grin

If we relate bitcoin investment to a mere saving account it will somehow look like the pump and dump shitcoin we are strongly kicking against. A typical savings account can be withdrawn at any time not minding the season. bitcoin is a name for itself, a system with long term reward that guarantees a good future if invested in with enough capital.

Quote from: l3pox on June 16, 2025, 05:40:19 PM

there's more innovation in altcoins than in bitcoin
no so hard to see that

NFTs and all the Defi current structure came from altcoins, not bitcoin

but innovation per se isn't the same thing as driving prices up

bitcoin ngu technology works well because it's simple

How much value do we derive from the so called innovation? Everyone needs a system that works. Can we count the number of NFT projects that collapsed in just few years of launch? Can we also account for failed DEFI projects. Perhaps bitcoin technology isn't that simple as it seems because many improvement have been done since it's inception including forks but because the idea behind the technology remains the same regardless it remains king in the digital world.

can you count the number of startups that fail?
how many fails do you think you get before an uber, airbnb or google can appear?

I don't think this is the way to analyze the field.

of course bitcoin remains the king in terms of safety, NGU, market cap and many other metrics, but it changes slower and if you think about amount of innovation it's definitely not the main one, way more new things come from EVM, regardless of price of assets

CDPs and money markets came from EVM and was later adopted by bitcoin
even nfts as mentioned.