Saturday, January 8, 2022

Bitcoin is great for what it is; A store of value. Other cryptos are better at what Bitcoin inspired; Blockchain technology solving real-world problems.

Bitcoin is great for what it is; A store of value.

Other cryptos are better at what Bitcoin inspired; Blockchain technology solving real-world problems. In the NFT community, you see the best, growing projects forming partnerships with each other. On the crypto side, though, you see more lines drawn that lead to toxic battles about who's the best.

I can't imagine being a Maxi for anything. Sure, Bitcoin is like the steak of the crypto world. I love steak, but I also love pasta( #ETH and #BNB ). Do you know what I love just as much of any of them? Dessert(NFTs).

It's cool to love your favorite project, but one project being awesome doesn't make another less awesome. If they both serve a need, they can both grow. Very likely together. A rising tide raises all ships. We see it exponentially in the blockchain world.

Bitcoin was created to be a decentralized peer to peer cash transfer system. Since it was the first in the space, it evolved into digital gold. It's the best store of value in the #Metaverse. However Bitcoin was the first blockchain, so it's primitive compared to current tech.

Bitcoin is clunky, slow, and pricey to move. It's similar to taking a gold bar to buy a u/Subway sandwich. Sure you could make a fair exchange of value, but cash serves that purpose more effectively. It's easier to measure and transport.

Coins like Ethereum, BNB, ALGO, SOLANA, and AVAX took this blockchain technology and adds a layer called smart contracts. Basically, coding that says "if event A happens, then event B must happen."

These coins all allow developers to use those smart contracts that solve real-world needs. or sometimes meme coins... ok, usually meme coins, but there are some major projects making waves.

We are seeing everything from air quality checks in #Miama being operting on the Algorand chain. I'm sure Mayor Francis Suarez has played a big part in that. We are also seeing people in underveloped countries making good lvings using NFTs in Play to earn games. P2E is huge right now on BNB and SOL.

One day major corporations will use the blockchains/smart contracts they operate on as advertisements. There will be ads that say "Your mortgage loan powered by Ethereum." or "Earn a living with us playing on Solana" maybe even "Our school lets you track you kids from home to school to home using AVAX".

Bitcoin will still have it's place though. We will see a time where countries have a monetary system backed by the Bitcoin standard. Countries like u/el Salvador are already leading the way to this with the help of Nayib Bukele.

Mass adoption makes this all possible. Each successful project is another stroke on the canvas to paint the picture of why blockchain integration with our lives makes sense. Let's all support every solid project. One project becoming successful only helps the other good projects

If you are looking for a rising project with some great partnerships, check out:

MagicEden.io/marketplace/SoLads


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