Bitcoin, why?

So, you’ve seen the markets rise and fall over the past few years and there’s always one crypto at the top. Bitcoin. But have you ever stopped and asked yourself why it’s always at the top? I have, and it’s a question I ask myself a lot. The average person doesn’t really use bitcoin daily, they don’t interact with the chain, they mostly don’t even know much about it except that they buy it in the hopes that the price goes up.

That’s just it, buy low sell high. And that’s pretty much the end of it. And it works, making people millions of dollars. Most people compare bitcoin to gold or “digital gold” not becasue they can make a fancy chain out of it, but becasue the older generation bought gold to hold onto, as a hedge against inflations and some of the younger genrations do this too.

Outside of holding bitcoin, it’s fairly lackluster compared to other chains. Even memecoins like dodge, or shib allow you to do more with them than an actual bitcoin. Or take Solana for example, a fairly large NFT community, and some Dapp’s that you can interact with (when it’s working). Almost every chain out there has some fundamental use-case that allows you to easily interact with the blockchain.

Algorand, has Lofty-AI that allows people to invest in real-estate $50 at a time, essentially making them landlords. People have created actual video games, that you can play to earn tokens that have an actual worth. So aside from the fact that bitcoin is the market mover, what else does it have to offer? Well, the real answer is not much. If you do a simple search of “what can I do with bitcoin” the knoledge of google with show you plenty of things you can buy, but nothing you can anctually do with it.

Don’t get me wrong, I like money just as much as the next guy… but when it comes to actually interacting with a chain I’ll pick pretty much any other chain to use other than bitcoin. Well, maybe not Eth becasue the gas prices are way to high for it to be even worth it. But any other chain. With that said, it begs the question why don’t we see ‘alt’ coins prices rise indipendant of bitcoin?

They have better uses, they can expand, they have people building on them, they are affordable, and you can even create your own assets on them cheaply, they have really cool dapps that allow you to become a landlord, or own music.

Bitcoin, has….well…bitcoin. And I guess the alure of profits outweighs everything else. But it shouldn’t.