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61 sats \ 1 reply \ @didiplaywell 3 Sep \ on: What Makes Bitcoin Unique bitcoin_beginners
Bitcoin understood everything like no-other. I'm still marvelled at the fact that, it being the first, it's still better at everything, in every aspect. I wasn't a maxi at first, in fact I entered the crypto world by being interested in another crypto, "nano" (now "xno"), and then I went from there to others, until one day I sat down and read the bitcoin paper patiently, and everything clicked in place. Even Nostr, which stems from bitcoin, is better at web3 than all and every single one of the other shitcoin-based counterparts. Not even Ethereum got it right, it has degraded itself to a cool concept-sandbox testnet to later develop the real thing on bitcoin/nostr.
Any other thing than bitcoin pow is a pyramidal scheme. Ethereum "staking" is and can only be a pyramidal scheme, the fiat-lization of crypto. The more I understood the more I became a fundamentalist bitcoin maxi.
I'm similarly impressed by how well designed Bitcoin was. It's mechanisms have been sufficient to withstand so many different trials.
It's not exactly correct to say it was first, though. It's the oldest surviving digital currency, because the developers learned from the previous attempts and very thoughtfully addressed their flaws.
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