In this collaboration episode with JW Weatherman, we talk about some of the reasons why Bitcoin is best, versus the altcoins. Some factors:
- Economics – Money as the most saleable and liquid asset
- Confidence in Bitcoin’s monetary policy
- Exchanges
- Proof of Work mining
- Mining decentralisation
- Financialisation, such as Futures and a coming ETF
- Developer incentive
- Upper layers are being built on Bitcoin
- Altcoin affinity scamming
- We also discuss some of the security flaws and problems with the design and execution of altcoins: Bcash, EOS, Ethereum, Ripple, Monero, Zcash
JW Weatherman links:
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