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A lot of the interest in BTC is driven by media and the fact that it is the oldest and original blockchain solution. The newer solutions like Ethereum, and eve
by bcheung 6y ago
A lot of the interest in BTC is driven by media and the fact that it is the oldest and original blockchain solution. The newer solutions like Ethereum, and even newer like Cardano and Polkadot are game changing because they use proof of stake instead.
Bitcoin can be used as a store of value (among other garbage text that people have thrown into the blocks as a joke) but the newer blockchain solutions also allow from "smart contracts" which BTC does not.
Personally I don't see why Elon Musk invested so much in BTC instead of things like ETH which are much better solutions and stores of value.