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SAL
Swan Bitcoin
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Comments by "SAL" (@SAL-fs1mr) on "The DEATH of Crypto and the RISE of Bitcoin" video.
@jacklavalette ETH and BSV are altcoins, and there is nothing stopping another altcoin coming along doing what they do. This means that BTC is the only true scarcity.
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@jacklavalette time has already played it out, BTC won. Have fun with loser tokens.
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altcoins can outperform for a cycle or two, but long-term, they are all losers.
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have fun trusting centralized entities who will hold the real assets that supposedly back up those tokens.
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@joecai2841 wrong. there will be a myriad of layer 2 networks that scale bitcoin to billions of daily transactions. no need for altcoins.
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The energy usage is what differentiates Bitcoin from all the altcoins because they don't require much energy to spin up. This means there is no scarcity in altcoins. There is only one winner, and it is the coin with the most POW.
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