Dear Readers,
The evolution of the “crypto” space over the past decade and a half is mind-boggling. Bitcoin started it all in the late 2000s, and still reigns supreme as the most popular cryptocurrency and as the only truly decentralized monetary medium in the world. The space is ever-evolving though and new blockchain-based projects are launching every week. Some may eventually provide a bit of lasting value to their users…but many likely will not.
As time has passed and as the number of projects piggy-backing off of Bitcoin’s success has grown, an increasingly large group of Bitcoiners have adopted a new mantra to help remind participants and spectators of where true value can be found: “Bitcoin is not Crypto”.
“Bitcoin is not Crypto” means different things to different people. My goal with today’s discussion isn’t to tell you what it should mean to you, but rather share my own experiences with and opinions on the topic.
Let’s dive right in: