Bitcoin is secured by higher amount of PoW than any other coin, which means Bitcoin is miles ahead of them in terms of security. This is already a big reason to view alts as inferior, you can't entrust a global financial system to a network that can easily get attacked, as it's shown on practice with successful attacks on coins like BTG.

Bitcoin also has much better software, it's continuously tested an improved by hundreds of independent individuals. Alts are developed by small time who were just hired to do their job as long as they get paid. No wonder they have so many bugs and bad design choices that ultimately lead to losses of funds for users. 

I have doubts even you will able to show true decentralized cryptocurrency except bitcoin. Most of coins those on the market now have backed by a team and they are able to influence on the price. But for bitcoin still we don't know the team behind of it, only we assume the name, not the person who have created it.

Bitcoin backed by its community, not by any organization. For digital currency you don't need existence in practical (hard copy) since it's all digital like good or whatever. Most of digital currencies works like that even out of crypto currency. So its just not a brand name, you can say it's a community name who backed the brand name of bitcoin.

Bitcoin is a cryptocurrency. We had already started using it as currency long time ago. Some of us treat it as investment, its all up to the user.

Hard to say there is a better coin because BTC has it secured due to it being POW, hardened by its miners. If there were better coin it should have been on top of the rank but even those forked coins are not earning a good amount of community to make it there.

ok lets take a closer look at ethereum.
it has no use cases. so far there has been thousands of smart contracts on this platform (known as ICOs or tokens) and none of them have done anything at all. basically the only actual purpose etherum has is to raise money. i don't know how you consider that to be "better" that a bitcoin that is a currency.

it is centralized since no individual is willing to or capable of running an ethereum full node. all the decisions, forks, roll back,... is being made by a company that owns ethereum trademark and holds majority of its supply.

it is not immutable. they have very easily (thanks to being centralized) rolled back their blockchain. that means you can never trust this centralized ledger to remain the same in the future. one day you may receive a coin and the next day the company can take it away.

it is so much slower than bitcoin on both propagation of a transaction and on confirming transactions (when you define confirmation as an irreversible transaction).

it is not scalable. in fact the scaling of ethereum is 10 times worse than bitcoin. we also saw extremely high fees in etherum network during 2017 ICO scam craze.

Fiat system is hundreds of years old and bitcoin is just 11. Compare apple to apple, not apple to pineapple!

Being less volatile will actually open up worldwide market for bitcoin. A lof of merchants don't accept bitcoin as a payment method because they of this price volatility, especially in FMCG sector where the profit margin is very low. Stable bitcoin price will definitely help these industries to accept bitcoin as one of their payment methods.


I won't disagree! Because bitcoin is too small to become future currency of the world. But we have to understand that bitcoin has shown the way how a future currency should work. Bitcoin is the pioneer. Let it be a brand name which collectors want!

You think that because you don't care about decentralization. Vitalik's blockchain is not as decentralized as bitcoin.

I believe that ethereum has its purpose as a world computer, however ethereum is still struggling to achieve its most basic purposes (such as oracles to make smartcontracts useful and PoS).

For now, Ethereum smartcontracts serves only to make ICOs, which are most of them Scams. I don't know what bigger purpose you are talking about.

Bitcoin is certainly serving a much bigger purpose: Decentralization of money, financial freedom sending move to whoever/wherever you want without authorization or verification. It is also taking power away from governments and giving it to individuals.

Ethereum cannot do that, because ethereum is basically a company. It is more robust because it is somehow decentralized, but there is still a lot of centralization around vitalik.

Cryptokitties congested ethereum network lol
CryptoKitties craze slows down transactions on Ethereum

But I believe that when PoS is released Vitalik's blockchain will be fast enough.

So just because Bitcoin isn't in it's best form today, we should stop working on Bitcoin and find a new or "better" one that's 99.9% going to be inferior?

Also, stop it with suggesting Ethereum already, and stop prioritizing transaction speed and fees over security and decentralization. That's pretty much one of the most common(and the most annoying) misunderstandings of some people, "screw decentralization and security and just choose the one that's fastest and cheapest".

I mean, a lot of people are actually using bitcoin to pay for stuff though. I do pay using bitcoin myself when I could. It's just the case that not everyone is using it, which is very understandable this early on for such a extraordinary project as Bitcoin.

well you should stop reading or paying attention to what random people say on social media. they say all kinds of crazy stuff. bitcoin was not made to replace anything and it is not magic money either but people still insist on calling it both. bitcoin was created to give people who want financial freedom an option that didn't exist before.

same with altcoins. don't pay attention to what some altcoin pumper tells you, or even what i tell you. you should instead try that altcoin yourself. look at its code and see if it is actually different from bitcoin or it is the exact copy (you'll be surprised how many of them are an exact copy). run their full node (real definition of a full node), try to spend that coin to buy something,... then compare your experience with bitcoin.

I mean, every single cryptocurrency besides stablecoins are pretty much volatile. Though bitcoin's volatility definitely looks like a weakness, there's nothing we can really do in this case, as it's going to take time for volatility to slow down. Remember, bitcoin is just more than a decade old, and we can't expect an asset to be "stable" in just that short of a timespan.