We all like to call Bitcoin Bitcoin. If a person calls Bitcoin a cryptocurrency, it will not be right at all. Because we mean all the currencies in the market by cryptocurrency. If you do not say a specific one, many new people will be confused. For example, there are many fraudulent currencies in the market in which many people have invested and lost all their money. If a new person says that I have lost all my money by investing in cryptocurrency, then that new person will definitely think that cryptocurrency is a fraud. But if the person who said that I have lost all my money had told that new person that I have invested in xxxx coin and lost all my money. Then a specific currency would have been blamed. So when we call Bitcoin a cryptocurrency, all the fraudulent coins are compared with it and then many people think that Bitcoin is a fraudulent currency.
There are many shitty coins in the markets that are also crypto currency so when we start referring Bitcoin as a cryptocurrency it sounds shitty, confusing and misleading because when using the word
crypto currency to discuss Bitcoin, a lot of newbies will start mistaking your words for shitcoins which is also misleading.
I agree on using the word Bitcoin when discussing Bitcoin and the word shitcoins if it is shitcoins so that the main contents of discussion will not sounds confusing to others
In this space we found ourselves, the only reliable digital asset that is worth investing in is Bitcoin, because it has proven beyond reasonable doubt that it's reliable and no other coin comes close to it in reliability
it surprises me when people start comparing Bitcoin to shitty coins perhaps it could be that they have been misleaded and blinded from knowing the truth that Bitcoin is the only and most reliable asset worth investing. I would rather prefer investing & holding Bitcoin because Bitcoin has proven itself that's it's the king of all digital assets. I wouldn't want to start sounding vitriolic but the truth is,it is shitty not to think of investing in Bitcoin and it is more shitty when we choose to invest in shitty coins rather than Bitcoin.