Post
Topic
Board Nigeria (Naija)
Merits 3 from 2 users
Re: Altcoins are surviving under the reputation of Bitcoin
by
Rockson1
on 10/07/2025, 16:46:10 UTC
⭐ Merited by SmartGold01 (2) ,Cossyblack (1)
If not for the reputation that Bitcoin has built over the years as a store of value, memecoins scams would have dragged crypto reputation into the mud. Memecoins are no different from Ponzi schemes, left for then alone cryptocurrency would have collapsed. But thanks to Bitcoin reputable, the name cryptocurrency still holds value.
This is an established fact, no doubts on this, you can call bitcoin father of cryptocurrency I think that would've been the best name for it, the entire digital currency space would've been a mess without this innovation called bitcoin, if we should count from the day this coin has been in existence, we will find out that there's no other crypto project that we can say that's better it is, I think there's no comparison at all, from value, reputation, reliability, decentralisation, name it,  be it memecoin, altcoin, it is better for us to be careful out there when involving ourselves in these investment, am not against anyone doing it but I think it will be nice for us to actually know why we are going before finally making our decision to invest, as for all you said you're right, it can only be bitcoin although one can also try altcoins like Ethereum and BNB or maybe other few ones  I was unable to mention, aside this ones that has also exhibited a long term character, other ones can be regarded as overhyped shit.