Re: Balancing Financial security and Bitcoin Accumulation

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.

Using the term cryptocurrency might be some kind of confusing since there are many other coin untrustworthy coin in cryptocurrency that's why it's be emphasis to use the term Bitcoin since the topic we are discussing is regarding to Bitcoin so using cryptocurrency is like taking us to a different topic which can be seen as off topic so instead of using cryptocurrency you are either say shitcoins or Bitcoin depending on the one you want to talk about so I don't see what is there that you can't understand.

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..

I think that SOB is yet to realize that bitcoin is in a world of its own and that’s why SOB is still comparing Bitcoin to other shitcoins. Bitcoin possess a different kind of value when compared to other shitcoins and at such it should be accord that regard it deserves. Most people who had previously attempted to invest in bitcoin and other shitcoins can really attest to this attribute. I previously made an attempt on investing in one shitcoin years ago, let’s say 3-4 years back and I can tell you that even upto this moment I can’t even find where this coin is listed, I’ve made several attempts to find it but no results and someone advised I should just forget about it that the coin is worthless and my money is gone. Now imagine if I had invested such money in bitcoin 4 years ago, (of which I did) it would have been a different story for me as I would be rejoicing by now. I’m sure I’m not the only one who might have had such experience even SOB can not deny it too that in one way or the other he hasn’t lost money in shitcoins. Bitcoin over the years have proven to be the most valuable asset, not just valuable but equally reliable and secured. I’m not trying to say that bitcoin will make you rich over night, but it is capable of that. And if you invest in bitcoin for the long term goal then you’re already winning, there’s no two ways about it. If you like invest in shitcoins for 20 years, the results won’t be the same as bitcoin and if you’re not careful, Your shitcoin will go missing and that’s the end of it. These and many more really separate Bitcoin from other cryptocurrencies and make bitcoin stand out in a world of its own.