One of the advantages that fascinate me about crypto especially #BTC ETH #TRU #SOL is its separation of defense purposes and more obscure purposes.
ETFs, bonds, and now certain stablecoins like #USDT that are related to certain governments unfortunately sometimes only serve certain petty interests and do not serve the benefit of everyone, as they should be in an ideal world.
I am proud to invest and trade in cryptocurrencies that I know their purposes are for the benefit of more people than a single government.
And I keep ignoring that $BTC it will eventually pay or could pay the US debt, however, in this case, the potential benefit is greater for more people than just for that government.
In crypto it is easier to get in and out, as the assets are more liquid than any government bond, I would dare say most if not all.
Crypto is a truly democratized unit that has greater self-regulation for the same market price as perhaps a stock on the stock market; like those of the banks that have been rescued countless times by neoliberal governments that complain about the support given to humble people, calling it populism, but boast of helping companies when they give them money or forgive them taxes, calling it a financial rescue.
Even though it is proven that not allowing the purification of the economy of a country in recession is the worst, governments prefer to continue printing their currencies and go into more debt with themselves to "pay" the growing debt they already have, that is, They go into debt to pay the debt. Comparable to when you have a debt and decide to pay it with a credit card.
And they had the wonderful idea of ââpassing their debts on to people who ignore đ€·ââïž that by buying dollars they are only absorbing the inflation of another country with horrible numbers. That is, you buy with your money that does have value to buy things that have no intrinsic value, such as the decaying paper of FIAT currencies or government bonds that only have a return of 4% per year; instead of buying things that have more value and that add more assets and therefore wealth to your portfolio.
And the worst thing is that, I insist, it is not only with physical or FIAT currencies, now they have also transferred it into stablecoin crypto assets such as the dollar, the euro, etc. It is proven that since the 20th century, if not before, they are already losing their purchasing power; although there are those who want to make us think other things. The only thing that may save them is staking, which I am in favor of.
Information about the advantage of Altcoins and if I dare say a small conspiracy theory, it is that $SOL for now they no longer need it for an ETF, since they already have cryptos like $BTC and ETH that are enough and more than enough to pay the US debt. And since everyone is buying them, the value will probably persist for many years. And they do not focus on Altcoins because they are coins that anyone can buy and are more democratic with prices, and yet they are already being used to make money and profit by some whale speculators đł
Another notable difference between cryptocurrencies is that at least BTC or BNB, for example, are made to eventually have a maximum supply of coins, which does not allow having an infinite number of units, as is the case with banknotes đ”. This makes cryptocurrencies comparable to metals such as gold, silver, or oil that only exist in a certain quantity in the world. And thus eventually increase its value.
That's why I stick with Altcoins along with the main cryptos, because Altcoins still have 100% untapped potential.
I would like to compare it with the price of BafarB on the stock market, since on August 29, 1997 it cost around $0.11 USD, now it costs $5.8 USD, with a share growth of 51.72% in almost 27 years; KO of the stock market, which on August 3, 1984 was $1.31 USD and now on August 1, 2024 is around $67.96 USD, a growth of +50.87% in almost 40 years without counting the splits that have been made of the stock that obviously add value along with dividends.
Long live crypto freedom!
Invest in your future, invest today!
