Home Bitcoin News Who is going to win? Those who Buy Bitcoin (BTC) or those who Buy Altcoins?

Who is going to win? Those who Buy Bitcoin (BTC) or those who Buy Altcoins?

bitcoin altcoins monerary system

BTC is very attractive and everyone are always debating on whether the cryptocurrency is a safe haven or not.  Different investors have different opinions. 

Opinion givers have behaved differently at different times. In 2017, CEO Jamie Dimon stated that Bitcoin is fraud; however, in 2019 JP Morgan rolled out the USD backed cryptocurrency.  In 2020, Goldman Sachs have to state that crypto is not an asset class.  Many of them are going to come next.

Irrespective of who says what there are interesting and factual stuff related to Bitcoin getting published every other day.  There is not a single day that goes past without an article, podcast, tweet or news about Bitcoin.

Parker Lewis tweeted: “As a currency system, bitcoin benefits from stress, disorder, volatility and randomness. It is the anti-fragile competitor to the inherently fragile legacy monetary system.”

For those who are not sure of what is anti-fragile a clarification read stating that it is a mechanism by which the system will regenerate itself perpetually by using as opposed to suffering from random events, unpredictable shocks, stressors and volatility.

Sydney Ifergan, the crypto expert tweeted:  “Bitcoin (BTC) has every reason to survive and evolve in the free market. A lot of clarifications have already gone in to explaining Bitcoin.”

Parker Lewis nailed the many reasons to prove that Bitcoin is Anti-fragile by comparing the centralized monetary system v. decentralized monetary system. He clarifies on how BTC benefits from shocks, disorder, stressors, disorder, randomness, and volatility. And, on how BTC endures risk and adventure. He also clarifies about how Bitcoin is adaptive and evolving.

Being decentralized at every layer Bitcoin (BTC) is decentralized in every layer, according to Parker Lewis.  He also justifies that it is not possible for any leader to force changes in to the network.  The immunity and resilience of Bitcoin makes it more reliable.

Bitcoin (BTC) Federal Reserve

The Federal Reserve is projected to purchase $3.5 trillion in government securities by the end of 2020 with newly created dollars, which again is considered to be a good thing for Bitcoin.

The printing hyperinflation scenario is something that cannot be hidden.  The No Coiners are beginning to look at the cryptocurrency space and they are beginning with their exploration beginning with Bitcoin.

The demand for financial freedom is never going to end.  BTC is an asset type that is outside of the control of governments and people are going to need it and they are going to appreciate and adapt it.

Read more about:
Share on

dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.