Besides scarcity, immutability and the Lindy effect, Bitcoin has the first mover advantage, the network effect, it’s proven technology and it has occupied a space in everybody’s mind. When you think crypto , you think Bitcoin, that’s why is the more stable during a down market.

Bitcoin only does one thing but it does it very well. Other coins try to do too much and they’ll fail

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe to my blog: and you'll get a copy of my book.

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