so what makes bitcoin so revolutionary? just because you’re the first to do something, does not mean you will be the best at it. see the history of major league baseball, where the cincinnati reds were the first professional team, yet the new york yankees have far and away the most championships.
so why should it be valued so much higher than other imitators or other cryptocurrencies? what makes it the best? is it pure speculation? or is there more value im missing? i read about cryptocurrency and bitcoin nearly 10 years ago and told all my friends about it, when i was interested in the idea of currency competition. i never invested in it, but if i had i would have sold it all when it hit $1000 a coin and laughed my way to the bank, with what i would consider to be a wealth transfer, from a rich speculator, to me.