raudaviciusm on Nostr: Every cycle, the same argument pops up: - Altcoins are faster than Bitcoin. - They ...
Every cycle, the same argument pops up:
- Altcoins are faster than Bitcoin.
- They scale better.
- They have more features.
But here is the thing - speed is not innovation if you sacrifice the foundation.
Bitcoin’s goal was never just to be fast - it was to be trustless and permissionless. Altcoins introduce trust at some level, and once you need trust, you are back to where we started.
We already have fast, trust-based payments - that is modern central banking. Scaling something that relies on trust is not innovation, it is repackaging the old system.
The challenge is not just making payments fast, it is making them fast, secure, and censorship-resistant at scale. Bitcoin is the only one actually trying to solve that.
- Altcoins are faster than Bitcoin.
- They scale better.
- They have more features.
But here is the thing - speed is not innovation if you sacrifice the foundation.
Bitcoin’s goal was never just to be fast - it was to be trustless and permissionless. Altcoins introduce trust at some level, and once you need trust, you are back to where we started.
We already have fast, trust-based payments - that is modern central banking. Scaling something that relies on trust is not innovation, it is repackaging the old system.
The challenge is not just making payments fast, it is making them fast, secure, and censorship-resistant at scale. Bitcoin is the only one actually trying to solve that.