Miscellaneous

Is there anything better than bitcoin?

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Is there anything better than bitcoin?

Cryptocurrencies are on the rise, and Ethereum is one of the safer options to invest in. That said, and despite its lower price, Ethereum’s price performance in the past 12 months has been even more impressive than Bitcoin’s. Its price has risen from about $133 on March 31, 2020, to the $1,850 level on March 31, 2021.

Which Cryptocurrency has scarcity?

Bitcoin and ethereum “Bitcoin’s fixed-supply scarcity is most highly valued because it is coupled with accelerating demand, proven use cases and recognized desirability,” Terpin told CoinDesk. Bitcoin’s supply is capped at 21 million coins. (There are currently between 18 and 19 million bitcoin in circulation.)

What is the scarcest asset?

Bitcoin
“The scarcest asset in the world is Bitcoin. It’s digital gold.” Saylor has been one of the most ardent supporters of converting company cash to Bitcoin, and said last year that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest the enterprise-software maker’s reserves.

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Is bitcoin getting scarce?

Long story short: Yes, Bitcoin is scarce and it is getting more scarce, as we move forward. Yet, there are several things you need to consider before getting trapped in scarcity stories and FOMO trading Bitcoin.

Who is Michael Saylor?

Saylor (born February 4, 1965) is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services. Saylor authored the 2012 book The Mobile Wave: How Mobile Intelligence Will Change Everything.

How much Bitcoin has MicroStrategy invested?

The purchase brings MicroStrategy’s total Bitcoin holdings to 121,044 on expenditures of $3.57 billion. Based on the average purchase price of its portfolio, approximately $29,534 per Bitcoin, the company has unrealized gains of nearly $3.4 billion on its cryptocurrency holdings.

Which Cryptocurrency is most valuable in future?

Uphold

  1. Bitcoin (BTC) Market cap: Over $1.08 trillion.
  2. Ethereum (ETH) Market cap: Over $557 billion.
  3. Binance Coin (BNB) Market cap: Over $104 billion.
  4. Tether (USDT) Market cap: Over $73 billion.
  5. Solana (SOL) Market cap: Over $64 billion.
  6. Cardano (ADA) Market cap: Over $52 billion.
  7. XRP (XRP)
  8. U.S. Dollar Coin (USDC)
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