Bitcoin is a R.I.P.C.O.R.D. It is Revolutionary, Immutable, Public, Collaborative, Open, Resistant to censorship, Decentralized. - Andreas M. Antonopoulos.
In the face of Meme-coins like Trumpcoin, Doge or controlled blockchains like Ripple, Solana or Cardano I add:
C.R.Y.P.T.O. is Controlled, Rug-pullable, Yield-obsessed, Pump-and-Dump, Token-printing, Obsolete, Censorable. - Anita
Within many definitions Bitcoin classifies as a cryptocurrency too. Bitcoin invented the whole field of cryptographic money, but thousands of Altcoins that spread over the years do not adhere to the same strict principles of neutrality and decentralization.
They are neither revolutionary inventions nor permissionless, neutral or uncensorable. Their existence has been controlled from the very beginning. Pre-mining offered advantages for an exclusive round of investors, foundations and founders influence the discourse around technical development and consensus. They are neither the new or better Bitcoin, they are a rip-off made to enrich a few akin to a scam.
Not all Altcoins are scams, it's truly hard to differentiate, you'd need to study each and every one of them - an impossible task. To opt-out you choose Bitcoin, to stay in the system you gamble with Altcoins.
Based on: Daily, Learn Bitcoin
The Bitcoin Whitepaper was published by Satoshi Nakamoto on Oct 31, 2008. Read and download it here.
My guest is Adam Back, inventor of Hashcash, cited in the Bitcoin whitepaper, and CEO of Blockstream, discussing his contributions to cryptography and building future internet infrastructure.
My guest is Andreas M. Antonopoulos, addressing common misconceptions and FUD surrounding Bitcoin, including volatility, energy consumption, wealth distribution, and risk of failure.
Read my book (L)EARN BITCOIN