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Bitcoin is the least risky of all the cryptocurrencies. It has the largest user base. It has the most widespread infrastructure. It has financial products an
by etr-strike 9y ago
Bitcoin is the least risky of all the cryptocurrencies. It has the largest user base. It has the most widespread infrastructure. It has financial products and derivatives. Every other coin is unproven, many are mostly unheard of, and are the highest risk.
- djohnston 9y agoSaying every other coin is unproven is disingenuous.
- etr-strike 9y agoMost of the coins people are purchasing today have been around less than a year and probably have less than 1% of the users of Bitcoin. They're pretty unproven.
- kybernetikos 9y agoThe things you say are true, but it's also suffering the worst from transaction fees, scalability problems and has worse technology and struggles to innovate.
- etr-strike 9y agoScalability problems sure, bitcoin is hardly struggling to innovate though. Rootstock, Schnorr signatures, mimble Wimble. These are awesome new technologies. Every coin today would have the same scaling problem bitcoin has if they had the same user base and amount of attacks going on.