
🟨 abito
1.7K posts






I think @saylor's exclusive support for Bitcoin is not beneficial for Bitcoin itself. Here’s why: In the era before USDT, users had to buy Bitcoin because it was necessary to purchase other cryptocurrencies. On centralized exchanges (CEXs), whenever a new token was listed, exchanges had to attract users, purchase BTC directly, or run trading bots to secure a certain amount of liquidity for the token—either directly or indirectly acquiring Bitcoin in the process. Even now, with USDT available, many exchanges still support altcoin trading using BTC. In other words, I believe Bitcoin’s value is fundamentally rooted in its role as a medium for purchasing altcoins. So what happens if people like Michael Saylor continue to dismiss all cryptocurrencies except Bitcoin? It essentially means that the assets that can be purchased with Bitcoin are considered worthless, which ultimately diminishes Bitcoin’s own value. While people expect external factors like Donald Trump or China to influence the crypto market, Bitcoin’s sustainability and price growth fundamentally stem from its relationship with altcoins.

sbtc cap-2: closed. 3,000 btc put to work. next stop: cap lift.

@abitocodes @muneeb BTC also has "governance". Opcodes were removed. There was a blocksize war in 2016-17 and Segwit along with Taproot were added. Stacks is now much more decentralized and secure with a path to make it even more so in the future.



















