Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
icebar
on 08/08/2025, 05:09:42 UTC
⭐ Merited by JayJuanGee (1)
In as much as Bitcoin is a type of cryptocurrency, then I think the right approach is to specify Bitcoin when talking about investment in order not to mislead newbies. Because talking about cryptocurrency means you’re not only pointing at bitcoin but also shitcoin and altcoin which can be misleading.
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Cryptocurrency is now being used to refer to all types of crypto, that is why it would be confusing for the general public to discuss Bitcoin. Since we only want to discuss Bitcoin, there is no logic in discussing shitcoins or other altcoins. Therefore, using only Bitcoin instead of using cryptocurrency will be more specific. And using Bitcoin will be more suitable for learning for those who are new to it. It is better to say that Bitcoin is completely unique from all other currencies. There is no comparison between this coin and shitcoins. It is better to use Bitcoin so that newcomers do not get confused, especially since this is a thread related to Bitcoin.