I was never really into alts.
I did like #litecoin ( until I realized there’s no need for “digital silver” if you have “digital gold”.
I’d argue that silver was Only necessary as money because the gold WASNT digital .
But once I saw their activity on Twitter
“ I identify as a #memecoin now”
I was done.
Money doesn’t do that. lol
Ya know.
Anybody feel me.
I feel like on #nostr I’m late to the party but.
Yea #bitcoin
Hate to be called a maxi. But it is what it is.
Amen
Silver was used as money because gold was not subdividable enough. Bitcoin on the Lightning network is digital silver.
Discovering the correct answer as "Bitcoin Only" in 2024 is incredibly early to the party, so don't worry about that.
Do not feel bad about being called a Bitcoin maximalist. It's equivalent to being a Physics maximalist because you do not believe in Astrology. Once you really understand physics you realize there is no second best.
My sentiments exactly. Appreciate it!
I would say that BTC is great for a store of value. But, unwise to use for a currency for buying coffee and potato chips.
I think litecoin is a better currency for day to day transactions than BTC. Cheaper, faster, and less scares.
Litecoin is a dead project, not enough hashrate to be secure, no lightning network for it, worthless, going to 0.
It’s been running since 2011. From cost perspective BTC network is only 8x more expensive than LTC. And the hash rate has double in 6 months. Lightning is suspect. May or may not work at times. The amount of transactions going up every year for LTC.
Bitcoin is effectively free to use on Lightning, which is about a million times cheaper and faster than the insecure Litecoin garbage. Your hashrate can double from one guy plugging in his mining rig because your hashrate is dogshit. Lightning works great.
Face it, you invested your money in some bullshit alt coin and now you're stuck underwater. Your coin is down 98% from it's all time high against Bitcoin because the market has realized it's shit. Wake up more Platinum Bear, Litecoin is a failed project and going to 0. Get out now, while the network is still operational.
I have no money invested in LTC. I am just sharing the data. I agree it’s down from its ATH, but 75% just like BTC was 2 years ago. I don’t think the network is going to zero. My theory is as the crypto industry consolidates money will consolidate into a handful alt coins. I don’t endorse any one coin. However, BTC is the superior network and store of value.
The industry will consolidate into a single protocol, Bitcoin. Litecoin is a dead project, no one accepts it and no one ever will.
I think in a moral perfect society that’s the correct answer. However, there is a reason why there is 180 paper currency in circulation today.
