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Why do you all love Bitcoin?

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by COINS NEWS 117 Views

I find it odd. Looking at the technology behind Bitcoin, I just don't get why you all love BTC. When comparing it to other cryptocurrencies it doesn't hold up.

The cost per transaction is higher than quite a few coins. Like Algo, XRP, XDC, just to name a few. BTC $1, ETH $2, XRP $0.000001, XDC $0.00001

The energy consumption is at a staggering 71.12 TWh while ETH is at 0.0026, XRP is at 0.079, and XDC is at 0.0000074 TWh.

TPS (transactions per second) for BTC is 7, ETH at 30, XRP at 1500+, and XDC is at 2000+.

Block Finalization Time for BTC is 1 hour, ETH 15 minutes, XRP 6 seconds, XDC 30 sec.

Bitcoin also doesn't have decentralized apps neither does XRP yet both Ethereum and XDC do.

After looking at these numbers I wouldn't use bitcoin to transfer money. I would use XRP or XDC. I think the only reason to use bitcoin is because of popularity. For me that's not good enough. I'm asking am I overlooking something here? Why should I invest my money in Bitcoin?

submitted by /u/DigitalScythious
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