Replying to Avatar Privacy Is Dignity

Because they serve different purposes (art Vs function). There is only one Mona Lisa. AI cannot replace the original's rarity. BTC serves function: A function that can be forked and improved upon. And improved upon it has been.

There are cryptos technologically faster, less traceable, and with more utility.

For now, BTC is mainstream and is being treated like a get rich quick scheme. When that pyramid scheme ends, BTC's prices crashes from a long way up.

It's wise to hedge against a possible crash.

When MySpace users saw Facebook, everyone deserted MySpace.

Think also Nokia -> Blackberry -> iPhone.
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Kenshin 5mo ago

The claim of superior performance by alternative cryptos is missing the forest for the trees. 🌳

Visa, MasterCard and myriad other centralized modes of payment have already acquired most of these attributes.

Why use ₿itcoin when all these other altcoins you mention provide better “utility”?

What does Bitcoin offer above anything else that cannot be easily replicated in this current epoch without a seismic paradigm shift?

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Privacy Is Dignity 5mo ago

Why use BTC? They don't! The sheep just hold it, hoping to get rich on price, which is not what BTC was designed to be (a currency). When a new pyramid scheme comes along, they won't hold BTC any more, they'll move it across while continuing to use normal fiat as currency. They don't care that Monero, LTC or even Zaps are better currencies than BTC, they jumped on board a get rich quick scheme.

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Kenshin 5mo ago

..and your response to the second question?

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Privacy Is Dignity 5mo ago

Are you being funny? I asked you 3 questions some posts ago here and didn't get an answer to any of them: https://primal.net/e/nevent1qvzqqqqqqypzp68wr4wwu4hs49xxjxyh5n725hmqdfhgqhkau0rujn0qw0uncqujqyg8wumn8ghj7mn0wd68ytnddakj7qg3waehxw309ahx7um5wgh8w6twv5hsz9nhwden5te0dehhxarjv4kxjar9wvhx7un89uqzp5lz5wgy7gsp9wq9kmahwv6hxjcrldqthqfn02rrjc3ee4r4l6adzqw2f9

To answer your second question, the only thing I can think that BTC offers people at this stage is a get rich quick scheme. And even that is wrong, because there are coins more undervalued and less inflated in price. BTC certainly doesn't offer the best currency transactions.