Yeah.. it is unclear if SOB is actually ignorant or he is just acting ignorant when he is arguing technicalities in regards to trying to suggest that there is some kind of smartness to lump bitcoin in with other cryptocurrencies or to suggest that there is some value in using such a vague, ambiguous and misleading term. Yes.. many of us likely realize that technically bitcoin fits within the category of cryptocurrency.. yet at the same time, there are so many shitcoin pumpers and bitcoin naysayers who use such term of cryptocurrency in order to either conflate the differences or to engage in affinity scams that try to suggest that there are shitcoins that are equally good as bitcoin or better than bitcoin, yet at the same time, such affinity scams are merely either to pump up some undeserving shitcoin in order to scam people out of money or to denigrate or create confusion about bitcoin., and surely there are many folks who want to beat up on bitcoin and keep bitcoin down because they either don’t understand bitcoin or they feel threatened by bitcoin.. Bitcoin has been and will likely continue to disrupt and disintermediate various status quo rich institutions, governments and/or individuals, and instead of joining bitcoin, they prefer to fight bitcoin through whatever means that they can, including but not limited to disinformation and/or the creation of confusion.. and the promotion and use of the term crypto currency is one of those disinformation tools..
Exactly. I mean, come on... SOB isn't categorizing Bitcoin with Crypto accidentally, its either he is doing it to run distractions, or him and some folks in the same shoes are too deep in their belief to admit Bitcoin is operating on a different level. In reality, Bitcoin is the reason why other altcoins exist, and if they are people thinks altcoins are scams it threatens the very existence of Bitcoin. Since from the start, Bitcoin has always remain efficient and the price increasingly over time, what more could I say.
I couldn’t agree with you. You might be thinking that Bitcoin and other altcoins are the same thing.
Yes, Bitcoin and altcoins live in the same crypto world. But one of them is king and the other is subject. Bitcoin is called the king of crypto because it is the only currency we have that is digital but a dream of the future. Bitcoin is used by people for freedom, privacy and asset protection. It is decentralized, so there is no fear of regulation and fraud. Since Bitcoin is very volatile, it sometimes scares people a little. But in the long run, it definitely benefits investors.
This is why everyone invests in Bitcoin in the long run. Investing in other currencies most of the time leads to losses.
So Bitcoin and other cryptocurrencies are not the same. We need to understand this. We need to understand and convey the right knowledge to others.