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RE: Bitcoin Is The Most Decentralized Cryptocurrency - This Is Extremely Important - The Power Of Decentralization

in #bitcoin7 years ago

Hey @michiel this is great , helpful article to Bitcoin fans . I will like to add ;

UNLIKE RPPLE'S 100 BILLIONS THERE WILL ONLY BE 21 MILLION BITCOINS :
Another thing to consider while observing the vast blockchain environment is that Satoshi’s creation unlike the 1,300 other cryptocurrencies in existence has only 21 million. Other digital currencies have billions already in circulation and billions more to come using other less tested consensus mechanisms like Proof-of-Stake. So in essence bitcoin’s inventor created something unique and different than the digital goods we all swap today. Unlike your MP3s or digital movies, bitcoins cannot be copied, and this weekend 16.8 million of them have been mined, hoarded and a large number of them have been lost. To many cryptocurrency investors, this makes Satoshi’s invention a very valuable digital asset, unlike anything the world has ever seen.

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