when a cryptocurrency and the company or group of people behind it
If that company or group of people has problems such as bankruptcy, being sued or investigated
The value of that currency can drop dramatically, even become worthless
Not to mention the arrest of the CEO & Founder of Telegram, it has dragged down the whole system. In particular, Toncoin has suffered a sell-off, it must be said too much after this incident.
Meanwhile, Bitcoin does not depend on any individual or organization
Bitcoin is protected and maintained by a large community of miners and bitcoin holders around the world 🌍
This makes Bitcoin sustainable and less susceptible to individual problems like shitcoins with CEOs behind them
