I don't have sources.

People are so quick to dismiss any value in Bitcoin and have to work to demystify it.

Then once they demystify that, they immediately assume all other cryptos are the same without giving it even the slightest bit of critique.

Bitcoin is scarce, Bitcoin is immutable, Bitcoin solves the double spending problem.

How did you come to understand that? Now ask it again of the shitcoins until you come to the only logical conclusion.

Note that if you understand why proof of work based systems work, then you understand that there can only be one at the top, but also that it can temporarily be displaced but it only matters which one will stay on top, and only 1 will.

With proof of stake, delegated proof of stake and other such schemes, treat it just the same as dogshit until you are convinced that it works. They mostly work under the guise that "if you have a lot of coins, you want it to succeed long term." I think the constant pump and dumps have debunked that theory.

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I agree with everything you said, but unfortunately my friends are hostile to the idea of bitcoin maximalism

Because they are still hostile towards Bitcoin. Make them self reflect. Why do they care about bitcoin? What made them change their minds.

If it is just about number go up, then it's all the same. It's just gambling. So then don't pretend you're doing market research or informed trading... you're a degenerate gambler.

Now you can continue to invest in utility coins, and heck, you might even do well now that you understand its an exit game.

Or don't 🙃

I'm just ranting. 😉

Oh one more thing... I don't know why, but so many people believe that something backed by something else is inherently valuable.

But seriously... Someone needs to honour that backing... We need to realise the truth. There is no backing. It's a scam. Rewire that brain.