WEB3 COMPLEMENT OF BTC
🚨Since the creation of #Bitcoin, thousands of new cryptocurrencies and projects have emerged that promise to be the foundation of "Web3", offering smart contracts, decentralized social networks, and virtual worlds. The narrative is that Bitcoin is the old technology and that Web3 has surpassed it. But here’s the wild part... Bitcoin is the pillar of value for Web3.
While newer projects focus on the complexity and functionality of applications, Bitcoin focuses on one single thing: being the base money, immutable and decentralized. Most Web3 projects need a unit of account that is scarce and secure to settle value; Bitcoin provides that scarcity and security. Web3 builds the house (applications), but Bitcoin is the cement (the immutable value) upon which it rests.
While newer projects focus on the complexity and functionality of applications, Bitcoin focuses on one single thing: being the base money, immutable and decentralized. Most Web3 projects need a unit of account that is scarce and secure to settle value; Bitcoin provides that scarcity and security. Web3 builds the house (applications), but Bitcoin is the cement (the immutable value) upon which it rests.
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BTC
90,280.3
-2.37%