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SAL
Peter McCormack
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Comments by "SAL" (@SAL-fs1mr) on "Bitcoin Has Entered Phase 5 with PlanB, Jeff Booth \u0026 Preston Pysh" video.
@ujjwalkumar1141 if it isn't Bitcoin, you are wasting your time and money.
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Using the word "merely" with Store of value means you don't fully grasp how world changing it is. The total global addressable market for a such a store of value is $100 trillion! Don't get suckered into altcoins, their addressable markets are merely peanuts by comparison.
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That is for second layer protocols like lightning network and sidechains.
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@jsnow6925 EDIT: nevermind, misread your comment.
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Defi is just the new buzzword. It was "ICO" before.
1
@donaldoarmand212 yup, I've heard it all. Again, it's just the new buzzword. There were tons of bitcoins involved into ICOs too, in case you don't remember.
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Nah, the top 50 altcoins will be almost completely different every few years, so no, they aren't good hedges against inflation.
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Bitcoin has a built-in mining difficulty adjustment algorithm, so if there is less energy and mining power, then it will self adjust automatically.
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