Read_580 – Bitcoin and Crypto Aren’t the Same [Nik Bhatia]

“If price is truth, then a market capitalization of over $1 billion for over 100 different cryptocurrencies tells a story: we live in a multicoin world. But does that mean that bitcoin has competitors on its path to world reserve currency? No.” – Nik Bhatia

“Which crypto should I buy?” I’m sure you’ve heard it a thousand times if you’ve been in this space for even a few months. Are Bitcoin and crypto really in the same space, fighting for the same markets? Or is there a more fundamental difference that is difficult to see in such a novel space? What if they aren’t even in the same asset class? Nik Bhatia breaks it all down in this short, but excellent piece on why Bitcoin and Crypto, are not in fact, the same. Check out the article with lots of links for reference and further digging here.

Check out Some of Nik’s other great works at the link below, or search for Nik in the Bitcoin Audible Library:

Lightning, Why I Quit the Bond Market for Bitcoin

Don’t forget to snag your copy of Layered Money in physical or audiobook format:

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