Why Bitcoin only?

Bitcoin is;

• Backed by proof of work.

• It has a transparent, fixed supply.

• Bitcoin is immutable and permissionless.

• It is fully and truly decentralised.

• Bitcoin is hard money like gold.

• Bitcoin is simply a superior form of money.

Bitcoin has a limited supply of 21 million bitcoin and a fixed supply schedule. Every four years, Bitcoin’s inflation rate is cut in half, and it will eventually be reduced to zero in the year 2140. As long as one understands that when more money is printed by Governments, it causes inevitable inflation, you understand better why Bitcoin.

Some folks will try to convince you there are better opportunities with altcoins (cryptos created after Bitcoin) but you must remind them that there is only one Bitcoin;

while there are 100+ tokens and protocols,

10,000+ altcoins,

1,000,000+ NFTs,

10,000,000+ Memecoins 🤡

While bitcoin is decentralised and immutable, all the others are centralised with little to no fundamentals.

So back to the question, Why Bitcoin only? Bitcoin as an asset class is financial security in the midst of economic uncertainty. Bitcoin is an incorruptible monetary system in a very corrupt world. Bitcoin is a deflationary asset in a financial system that is inflationary by design.

You should think of Bitcoin with a long-term perspective, something you buy and accumulate to gift over to your kids as an inheritance or a pension plan for you and your spouse.