Highlights
People like a “Flippening” story, where altcoins like Ethereum (ETH), Solana (SOL), or XRP could overtake Bitcoin (BTC) as the dominant crypto market. But according to Pierre Rochard, crypto expert, CEO of The Bitcoin Bond Company, and host of the Bitcoin for Corporations Show, there is no chance at all that this could even happen. How BTC has been designed and its fundamentals, positions it as the leader in the cryptocurrency space, and other blockchains simply can’t match it.
Rochard asserts that unlike other blockchains which present themselves as utility platforms, Bitcoin was created as digital money. The value of XRP, ETH, and ETH depends largely on how many applications run on blockchains, something that BTC does not have to rely on.
BTC is recognized as a reliable store of value, with a fixed supply of 21 million coins. This is its primary advantage that cannot be replicated by any altcoin.
XRP, Solana, and Ethereum follow a “utility thesis”, where their tokens are designed in such a manner that their value grows as the use of their networks increase. However, should companies develop their own blockchains, they won’t have to use these networks anymore.
This may affect the demand for XRP, SOL, and ETH in the long-term, while BTC will thrive on its strong monetary foundation. Recently, Rochard dismissed XRP’s tokenization hype, calling it a weak investment thesis.
Rochard points out that BTC remains dominant with a market cap around $2.2 trillion, which is 58.1% of the total crypto market value. BTC has the largest user base, strongly recognized worldwide, easier trading, and a secure, decentralized network.
These advantages reinforce each other, making BTC the backbone of the entire crypto ecosystem, something that other crypto coins cannot replicate.
BTC sticks to its hard-coded 21 million coin limit, unlike Ethereum, Solana, or Ripple token, who may increase token supply or adjust rules of governance. The predictable supply of BTC makes it a trusted long-term asset.
Capital never stops flowing to BTC even during market hype circles. As Pierre points out, the ‘digital gold’ remains the backbone of crypto, with its fixed supply, network effects and monetary thesis. On the other hand, XRP, SOL, and ETH remain as complementary platforms.
Bitcoin price outperformed with a 1.56% increase over the past 24 hours, hitting $112,527, as Fed cut hope rise. Ethereum experienced a modest rise of 0.38% to reach $4,399. In contrast, Solana price and others declined slightly, dropping by 0.5% to $203.79 and XRP falling by 0.04% to $2.83, respectively.
As Pierre Rochard explains, XRP, Solana (SOL), and Ethereum (ETH) may continuously innovate and attract communities, but they can never flip Bitcoin. His insights show that pure monetary design, limited supply, and network effects, makes it the undisputed king of crypto.
The cryptocurrency market has dropped over the past 24 hours, extending its monthly loss to…
ZEC, CC, FLOKI, and LUNC have become top gainers in the crypto market over the…
Crypto markets have experienced a 3% rise in the last 24 hours, driven by strong…
The cryptocurrency market experienced a boost on December 4th, with its total market cap climbing…
The crypto market is showing signs of recovery after a period of consolidation. Over the…
The cryptocurrency market has seen a notable sell-off as December begins. Bitcoin has dropped below…