I’ve never understood the BTC purists. I’m generally anti-crypto in any variety, but As far as cryptocurrency‘s go, bitcoin is really bad compared to so many alternatives.
I’d just as soon see it all go up in smoke. But why does BTC reign?
Because they don't give a single shit about the technology of it. All they're happy about is that their speculative asset keeps going up. They're grifters.
This is what I find strangest. At least coins like Ethereum and Solana have entire ecosystems of complex projects being built up around them (no matter how skeptical one may be of those projects), Bitcoin seems like an incredibly spartan ecosystem with basically one use, and the sole advantage of being first.
Because it was first, and the word itself has permeated the psyche of society in ways that the other currencies haven't. People who know nothing at all about crypto buy into BTC because they've heard of it and heard it turns into money.
I’d just as soon see it all go up in smoke. But why does BTC reign?