2 Reasons to Buy Bitcoin for the Long Haul
Worth $1.16 trillion, Bitcoin (CRYPTO: BTC) is by far the largest cryptocurrency, representing 44% of the market's total capitalization. And while it doesn't boast the speed and functionality of newer blockchains, its brand recognition and first-mover advantage could help it keep its role as an increasingly respected store of value. Let's explore the reasons why Bitcoin is worth buying for the long haul.
It's no secret that Bitcoin has fallen behind newer rivals in raw technical prowess. It doesn't host complex decentralized applications (dApps) which use self-executing smart contracts to build everything from games to virtual art markets. And its capacity of seven transactions per second is slow compared to the current speed leader, Solana, which can handle a jaw-dropping 50,000 transactions in the same time frame.
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Source Fool.com
