What Are the Best Arguments to Help People Focus on Bitcoin Rather Than Other Coins?

My top arguments:

  • Information asymmetry makes it incredibly difficult to make *any* money trading altcoins.
  • Bitcoin's long-term returns outpace gold, US Treasuries, and the S&P500 by a healthy margin.
  • Bitcoin's uses as Store of Value + Medium of Exchange (just the beginning for MoE) > smart contracts on other chains.
  • Bitcoin is simple and works as designed; only protocol devs know how an alt-chain works & HIGH rug potential.

What do you guys think?

Full article with more detail on the above arguments here 🔗 https://river.com/learn/crypto-vs-bitcoin/

Send this to your Newcoiner or Nocoiner friends 🤝

https://preview.redd.it/ls6okht2mnlb1.png?width=3795&format=png&auto=webp&s=90cfa1ed207be7b2a9ca03eb3a683fade035296e



Submitted September 01, 2023 at 07:32PM by bitdern_River https://ift.tt/u6owqAt

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?