It has become more than clear that the two leading crypto projects are struggling to keep the promise of low fees that was once a fundamental expectation of cryptocurrency as a whole.The recent price spikes in BTC and ETH have driven fees up by a lot and there isn't a clear solution in sight. Putting ETH on the side and looking at BTC I just can't find a single advantage that it has over Dogecoin. Yes, many of you will mention the fixed supply but you should know that there are some of us that don't find that feature very interesting. One major issue with it is that the rich will only get richer and those that get on the train last will be able to get bits and pieces of a status symbol for the wealthy. In simple terms, Bitcoin incentivizes early adoption and those that can truly "adopt" it right now are those that have the most money. Winklevoss twins have stated that they own 1% of the supply, just to name a few.Community-wise, Dogecoin is outperforming BTC by a lot because there is no such thing as a Doge maxi while a BTC maxi will bash anything and everything that isn't BItcoin.When it comes to transactions, Doge is fast, very reliable, and super cheap. I know it is not the fastest one out there but it certainly has the largest community which gives me even more faith in this "project".Bottom line, I need a rational explanation of why I would purchase Bitcoin over Dogecoin in technical terms?What advantage does it have except the fixed supply?Are there any fundamentals that I am missing or is the "internet gold" narrative good enough for everyone invested in BTC.
Submitted August 14, 2020 at 05:40PM
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