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by mattwilsonn888 1180 days ago
Please stop conflating price and value. In speculative markets the price of a small cap asset can wildly outperform the price of a larger one and that fact has nothing to do with value - this is proven by the fact that most top 10 altcoins cycle in and out of favor and usually trend towards zero against Bitcoin in the long run.

I am not a "Bitcoin maxi," but your reasoning is flawed - if you believe other layer-1 blockchains have superior value you should have more justification than price to back that up. I'll start:

https://mukdde.substack.com/p/the-economic-solution-to-the-b...