Right? That's why I laugh when people tall about bitcoin. I try to explain to them why bitcoin is terrible but the media uses bitcoin like Google so people just think oh it must be good.
Bitcoin was gen 1. The model t of crypto. Amazing and changed the world, but we don't fuckin drive model ts.
Then came ethereum. Gen 2. "Hey what if we took all this computing power and DID something with it!" Holy shit crypto with a purpose! But it is expensive and slow and unscalable.
It's going to be the gen 3 and gen 4 chains that will truly gain mass adoption and wealth. Xrp xlm polkadot and several that won't have names for a couple years. These master chains will run the infrastructure for the world.
I thought the very same thing for a long time but then had my mind changed.
I was missing a obvious reason why bitcoin is still king. I'll see if I can find you the video but essentially it is a way of sending money to the future while protecting it's purchasing power.
Think of it this way. Let's say you have 1000 dollars and you hide it under your mattress for 50 years. You've essentially sent $1000 to the future. But, what is the purchasing power of that $1000 by then. A pack of milk duds or something if you're lucky.
Now imagine putting that same $1000 into bitcoin. An asset that can't be devalued. Bitcoins no1 strength is that it allows you to send money to the future without losing your bollox.
But that's lots of crypto with all kinds of additional benefits beyond what bitcoin offers what makes bitcoin special?
I just explained it to you but you didn't get it. I'm not going to re-word it for you. I'm talking to someone who binges XRP videos on YouTube. My advice is, stop that. Turn off the XRP garbage for a week and see how you go. You'll recover fast.
Which other crypto has the same tokenomics as bitcoin? Give me some examples. You aren't giving me much to work with here. Bitcoin is perfect for what it is. Its not a means of exchange it's a store of value. Limited and diminishing supply and completely decentralized and at this stage a proven commodity. It works and it works well. Trust etc. Bitcoin is the USD of the crypto world. Ok so I did reword it for you.
You started out in Janruary and you are carrying yourself like an expert. Except to long termers like myself you are clearly very green. People as new to crypto as yourself should be asking questions and aiming to learn, not regurgitating XRP youtuber nonsense and preaching to the world that bitcoin is shit because you watched a YouTube video that said so. Bitcoin is shit because it's gen 1 is essentially your argument. You'll have to do better than that. Bitcoin is nearly 60k for a reason. Maybe all these other people who have been buying crypto for years longer than you just don't get it. Maybe they are just dumb cunts. Maybe. Or maybe, hear me out, maybe you, the newbie doesn't get it.
You spread yourself way too thin across endless coins. Meaning you have zero confidence in your own research. You are throwing darts blindfolded and hoping for the best.
I wish you luck but I fear for you.
You turned 3k into 11k.
That's nothing in crypto. It could easily drop back to 3k in a day. Or virtually zero. If the bear market arrived tomorrow, you are fucked. Proper fucked. Your 11k will be 3k in the blink of an eye. You need a far bigger buffer than you have.
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