Cryptocurrencies have gained a reputation for their ability to quickly skyrocket in value, and no better example of this occurred in 2021 than with Shiba Inu (SHIB), which saw a 900% increase in just a few weeks. However, the well-known flaws of Shiba Inu make it unlikely to replicate this success in the future. For those seeking a safer and more reliable path to wealth in the world of cryptocurrency, Bitcoin (BTC) is the clear choice.

Breaking down the basics, there are countless reasons why Bitcoin is superior to Shiba Inu, but the most significant factor is supply. Shiba Inu has over 589 trillion tokens in circulation, while Bitcoin has just 19.25 million. This vast difference in supply is due to Bitcoin’s robust monetary policy, which is algorithmically controlled through a process called “halving.” Every four years, the reward for mining new Bitcoins is halved, leading to a decrease in supply and contributing to the overall scarcity of the cryptocurrency. This process will continue until 2140, when the last Bitcoin will be mined.

In contrast, Shiba Inu’s supply is infinite, making it more challenging for the cryptocurrency to appreciate in value over time. In an attempt to counterbalance this, developers introduced a burn mechanism to decrease the supply and artificially increase the price. However, these efforts have not been successful, and as the crypto market has surged, Shiba Inu has been left behind, with a measly 25% increase compared to Bitcoin’s 150%.

Bitcoin’s simple and centralized design sets it apart from other cryptocurrencies that rely on teams of developers to manipulate and upgrade their systems. Bitcoin has been operating successfully since its launch in 2009, without any centralized entity or team of developers. This stability and resilience have made it the most valuable and secure cryptocurrency, and its value continues to rise as traditional finance adopts it. The recent approval of 11 new Bitcoin ETFs is evidence of this, and analysts predict that with increased adoption from institutional investors, Bitcoin’s price could reach over $1.5 million.

While the concept of “rich” is subjective, there is no denying that Bitcoin’s long-term potential is unmatched. With its decentralization, security, and scarcity, it remains the best option for those seeking to invest in the world of cryptocurrency. So, while the market may be full of uncertainty, one thing is certain: Bitcoin is built for the long haul and is the best choice for investors.

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