bitedatcrypto on Nostr: One quick question. I do agree that #bitcoin is the only truly decentralized p2p ...
One quick question.
I do agree that #bitcoin is the only truly decentralized p2p currency out there. And I also think that giant alts like Eth or XRP compromise important aspects like decentralization, censorship and security.
But I'm wondeing if there are some roles for those alts in this ecosystem. While BTC works as a bedrock that holds all crypto, other alts can work as a malleable rocks that can be sculpted for more utility, though some of them are definitely scams or just to weak to be proved as "crypto".
I'd like to know how you think about this :)
I do agree that #bitcoin is the only truly decentralized p2p currency out there. And I also think that giant alts like Eth or XRP compromise important aspects like decentralization, censorship and security.
But I'm wondeing if there are some roles for those alts in this ecosystem. While BTC works as a bedrock that holds all crypto, other alts can work as a malleable rocks that can be sculpted for more utility, though some of them are definitely scams or just to weak to be proved as "crypto".
I'd like to know how you think about this :)