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Bitcoin vs. Altcoins

All Cryptocurrencies

by COINS NEWS 117 Views

I saw already some posts and comments regarding this “Bitcoin is not crypto” stuff so decided to share my comment to one of those posts:

Bitcoin is a cryptocurrency just like all those shitcoins, that’s just how such digital coins are being called… it the same like an eagle is a bird, same as a chicken is, but i guess we can all agree that they are definitely not the same animal

the reason why bitcoiners don’t like it to be compared to the altcoins is that bitcoin is the only digital coin which is capable of storing value since its amount is limited, hence it can’t be inflated and will always keep its value (not like all those fiat currencies and altcoins which can be printed/generated out of nothing)

it’s like digital gold, with the difference that its real value isn’t known yet so it can (and will) jump much higher than gold in the long run

submitted by /u/High4zFck
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