Bitcoin is typically viewed as a 'reserve asset' or store of value in the cryptocurrency space. As a result, it has the highest adoption, best liquidity, highest average trading volume, and remains the top crypto by market capitalization. In fact, some people believe that there isn’t even a need for any cryptocurrencies other than Bitcoin. Their argument is that Bitcoin could cater to all use cases that altcoins are attempting to.
Bitcoin is typically viewed as a 'reserve asset' or store of value in the cryptocurrency space. As a result, it has the highest adoption, best liquidity, highest average trading volume, and remains the top crypto by market capitalization. In fact, some people believe that there isn’t even a need for any cryptocurrencies other than Bitcoin. Their argument is that Bitcoin could cater to all use cases that altcoins are attempting to.
Bitcoin is the backbone of the cryptocurrency market, and yet, it can’t take advantage of developments that happen in other parts of the ecosystem. Some projects have been working on solving this problem.Is there a way to use bitcoin for more than what it can do while keeping the Bitcoin network intact? Well, the growth of tokenized bitcoin on Ethereum suggests that there is a demand for it.
TraderMines makes it simple and safe to buy, sell, and hold BTC.