Thursday, October 28, 2021

Bitcoin vs Altcoins

I dont get it. If bitcoin get too high of a price what stops people from suddenly deciding to dump all their coins and shift to some other new coin. Next halving event is occurring in 2 years. Reward will be 3 bitcoin extremely hard to mine. Cant government just form their own digital currency and completely decimate bitcoin. Everyone says bitcoin is rare to obtain now. Sure that may be the case but in reality theres 50 other coins people can get their hands on. So in reality bitcoin is not rare and the future is extremely uncertain which kinda scares me!


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