Sometimes the solution to your problems is staring you right in the face.
https://ift.tt/33mCvfs
Bitcoin has won it’s place as the de-facto SOV digital asset.
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I really don’t see why maxi’s need to have such a zero-sum perspective though.
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Shitcoins are a problem for sure, but the narrative that bitcoin is the only technology with any value is blatantly ignorant. I get it, you’re all traumatized by the never ending sea of various ponzis and scams, but that doesn’t mean that distributed ledger technology has no use beyond SOV.
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For the vast majority of us just DCA’ing into btc is the optimal investment strategy.
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However, “Bitcoin only” from a global tech perspective is remarkably short sighted.
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A diverse and useful spectrum of crypto assets is good for the whole space. Being skeptical of new coins is healthy, but shitting on attempts at innovation just because it uses a coin that isn’t the one you own isn’t what’s healthiest for the whole space in the long run.
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There are no coin’s that genuinely challenge bitcoins SOV dominance in any meaningful way.
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If Bitcoin fails, it won’t be because of shitcoins, or defi, or nft’s, or dao’s. It will be because Bitcoin failed (which it won’t).
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Something something, rising tides lift all boats, or whatever.
Cryptocurrency
