Quote from: Derekfunds on Today at 12:15:24 PM

Quote from: Nightwatchmare on August 02, 2025, 10:39:39 PM

Quote from: Son Of Blockchain (SOB) on August 02, 2025, 09:23:12 AM

Quote from: Agbamoni on August 01, 2025, 10:44:25 PM

Quote from: Nightwatchmare on August 01, 2025, 04:01:24 PM

It would be better if you refer to bitcoin as bitcoin because if you refer to bitcoin as cryptocurrency, you might mislead newbies to believe bitcoin is the same as altcoins or shitcoins and they might invest their money into altcoins or shitcoins, thinking they are investing in bitcoin. So for newbies to avoid such a mistake in their early stage, always refer to bitcoin as bitcoin so that they will know bitcoin is different from cryptocurrency. Don't be deceived; Bitcoin is absolutely different from cryptocurrency, and there's nothing like Bitcoin. And even though Bitcoin isn't the first decentralised digital asset or currency, it would still outperform cryptocurrencies because Bitcoin allows you to send money to anyone in the world without trusting a middleman.

You are totally right. Newbies need to know between Bitcoin and cryptocurrency. We can call any digital currency out there to be a cryptocurrency and by how they perform, they are literally not match to Bitcoin. Bitcoin does wonders, while some so called cryptocurrencies make the digital currency system sucks. Many projects are rug pull, scams, pump and dump, in general we called them shitcoins. And this have made many lose interest in Bitcoin too, tagging them to be all the same. This is the main reason why Bitcoin should not be categorized under cryptocurrency. Bitcoin is Bitcoin so let that sink in.

I don't understand what you mean by newbies need to know the difference between bitcoin and cryptocurrency, you're making it seem like bitcoin is not a cryptocurrency whereas it is, regardless of what you think or how any newbie wants to feel it won't change the fact that bitcoin falls under the category of a cryptocurrency infact all digital currencies are cryptocurrencies.
You've already contradict yourself by saying we can refer to all digital currencies as cryptocurrency then you're saying bitcoin is not a cryptocurrency, how is it not when bitcoin is said to be a digital currency? Bitcoin is the first cryptocurrency, no other cryptocurrencies can match bitcoin, it supercedes all, those are very correct but newbies should understand that Bitcoin still fall under the category of a cryptocurrency.

Bitcoin is in a world of its own, and no cryptocurrency can be compared to Bitcoin. It doesn't make sense if you classify Bitcoin as cryptocurrency because there are so many cryptocurrencies that have rendered some investors useless and made some investors commit suicide because of the money they lost in cryptocurrency investments. So for newbies not to see Bitcoin as a coin that's not free from scam, rug pull, and pump and dump and become skeptical of investing in Bitcoin, it would be good if you refer to Bitcoin as Bitcoin anytime you are discussing Bitcoin so that newbies will know there is a big difference between Bitcoin and cryptocurrency, which will help them invest in Bitcoin without being skeptical.

Actually both Bitcoin, shitcoin, altcoins etc are all embedded in Cryptocurrency but because of the potentials Bitcoin has over all other coin, we have to address it different from other cryptocurrency and we ought to specify Bitcoin whenever we are talking about it so that newbie won't go and invest in the wrong place and I believe these are the reasons we should not..., maybe when those other cryptocurrency prove themselves they can also be set aside as Bitcoin but until then Bitcoin shouldn't be address as cryptocurrency because there is more to Bitcoin than those...

Bitcoin is a digital currency, its characteristics are such that it has gradually become a store of value, so when you consider it similar to other shitcoins it can cause confusion among investors, so we should understand the difference between these assets and spread it to others in terms of terminology. In terms of terminology, you can consider Bitcoin as a separate asset and it will have a similar importance in terms of investment. If investors told to others that they have invested in crypto, then others may think that they are talking about shitcoins. In fact, that investor has actually invested in Bitcoin and keeps himself away from other shitcoins. While investing in Bitcoin a layer of security is creating among investors to deal with risks because he accumulate Bitcoin in the DCA method and continues to hold it continuously even during price fluctuations.