Posts

avatar of @chekohler
25
@chekohler
·
·
0 views
·
1 min read

That's the beauty of it, you never have to agree, the market will eventually price everything correctly. A lot of alts are there today gone tomorrow in the last 8 years how many times has the top 10 changed under BTC? Quite a few I would imagine.

I agree alts have their place, its place for experimentation and being bold, like VC investing you invest in 10 companies, 2 boom the rest die, that's how it works.

I think we all just feel we want validation and to protect our investment so we bash other projects and try to get people to come over to our side because we have an economic incentive to do so, its the same with stocks, same with MMT'rs claiming fiat is the ultimate. It's not only a crypto thing its a human thing

While it can be toxic and annoying, it also keeps projects and communities on their toes calling out their bullshit. Not saying BTC is the holy grail and their community is the best, I'm just saying that if layer 2 starts to absorb a lot of alt features, and atomic swaps and interoperability becomes easier, then monetary policy is what will dictate the value and use of a coin.

I am not here to convince anyone, make your bets as you see fit and I make mine and the market decides which was the right bet.

Posted Using LeoFinance Beta