Hence why I say "crypto" in quotes and not cryptocurrency! The term has been imbued with different meaning colloquially
#bitcoin is not a #shitcoin (#altcoin), but it is most definitely cryptocurrency. while it is important to separate shitcoins from bitcoins. bitcoin is the first established cryptocurrency. please don't confuse people.
https://www.britannica.com/question/How-was-cryptocurrency-invented
Discussion
i cought the quotes, and i agree "crypto" has taken on a negative colliquial association with altcoins, but when you said "in fact, the terms cryptocurrency and blockchain" (with red lines slashed through them) aren't even in the whitepaper. it heavily insinuates that bitcoin is not a "cryptocurrency." especially for onboarding friends and family who are typically normies. in my experience the term altcoin serves the same purpose of differentiating btc from shitcoins and does not confuse people the way using the short form of cryptocurrency does. anyway i enjoy your vids. thanks for listening to my 2 sats
and after the red slashes through cryptocurrency and blockchain, you go on to say "btc is often labeled as a "cryptocurrency" but it has little to do with the broader "crypto" industry. this sentence alone insinuates that btc it is not a cryptocurrency.
make sense? it's confusing for normies.
bitcoin is not "labeled as" a cryptocurrency. it is a cryptocurrency
The term 'crypto' is from 'cryptography' basically. In that sense Bitcoin is cryptocurrency.
But the point is clear:
Bitcoin is BITCOIN.
No common noun is required. Just the proper name is enough and clean, and confusing.
Any common name for Bitcoin helps shitcoins. nostr:npub1h882a66p0zj5n69s2u8nfzev4f97lzfnlcej84z78p6uqxge5tpqlupz20 is correct in this regard.
thank you for your opinion. the fact is, cryptocurrency is not a label, it is the type of currency that bitcoin is. you will not stop this accurate descriptor in the wild. in my experience for successful onboarding it is better to differentiate between cryptocurrencies by, as you said, just saying bitcoin...to which i would add, all the other cryptocurrencies are called altcoins (aka shitcoins) to btc maxies...and here's why etc.
imo, if the video said that bitcoin is a cryptocurrency but not like others we btc maxies call altcoins or shitcoins, because bitcoin is bitcoin and there's a reason why it's #1, and here's why, then the point would be clear
i like julian's videos. this is constructive fb. i am not here to argue about it. take it or don't, but the approach of this video sayong btc is "labeled" as a cryptocurrency, but isn't crypto it true only as long as you talk to btc maxies...while the rest of the industry and most all exchanges call btc crypto (as in cryptocurrency), is confusing to normies. period.
Thank you. 🌺
nostr:npub1cv0z9sm3tsdau4sgklsdqjgy7gh4l3znhgvqd5sunu3c9c0933kq2hhehh same 🫂 just trying to help. thank you 💜
Welcome nostr:npub1f6ugxyxkknket3kkdgu4k0fu74vmshawermkj8d06sz6jts9t4kslazcka. Differences of viewpoints is a wonderful thing.
🫂🌿
I'm no rigid hardliner, nostr:npub1f6ugxyxkknket3kkdgu4k0fu74vmshawermkj8d06sz6jts9t4kslazcka. You uttered no wrong. Thanks.
"which one is the best crypto asset? bitcoin is the best crypto asset. what's the second best? well, there is no second best." - Michael Saylor
https://video.nostr.build/b44b5f04eaeeee34f33b899ed822f89e72267c18b427bad49934139e9bc88f88.mp4