🥇
@gun
*All Bitcoin Is Crypto, But Not All Crypto Is Bitcoin** Bitcoin, the original cryptocurrency, is one specific coin in what is now a crowded playing field of thousands of other coins referred to as alternative
0 reply
0 recast
8 reactions
🥇
@gun
coins or “alt coins”. Each coin has, or should have, an intended purpose that gives it utility. Bitcoin, for example, has a finite supply f coins that can ever
0 reply
0 recast
0 reaction
🥇
@gun
be “minted” – 21 million. It is often compared to gold as a vehicle for storing wealth since there is a fixed supply and it is traded on online exchanges at agreed upon prices. Think about why gold can command high fiat prices – it’s difficult to mine and there is a finite supply on earth. Same as BTC.
0 reply
0 recast
0 reaction
🥇
@gun
be “minted” – 21 million. It is often compared to gold as a vehicle for storing wealth since there is a fixed supply and it is traded on online exchanges at agreed upon prices. Think about why gold can command high fiat prices – it’s difficult to mine and there is a finite supply on earth. Same as
0 reply
0 recast
0 reaction