The Search for an Alternative
There was a point a few years ago when many people, including myself, believed in the possibility of creating another Bitcoin. Various forks of Bitcoin emerged, along with numerous Ethereum-based tokens attempting to replicate its success. However, these endeavors fell short of expectations, even with the introduction of the lightning network and chain pegged tokens. The idea of creating a new Bitcoin remained elusive.
The Illusion Shattered
We Have to Create a Better Bitcoin!
It seemed that the motivation behind the pursuit of a new Bitcoin stemmed from two factors: the increasing cost of BTC, making it unaffordable for the average investor, and the desire to offer the same opportunities to the world that early BTC investors had enjoyed. Everyone yearned for a faster, smarter, and more user-friendly store of value with interoperability and the security of Bitcoin.
This, however, proved to be an insurmountable task. Previous attempts at minting BTC knock-off tokens on Ethereum rendered them worthless, causing the idea to lose momentum. The aspiration faded away, and went limp, much like a 45-year-old Republican Florida Senator.
What? That was a joke, snowflakes.
The Answer was Directly Under Our Noses. The World Has DigiByte
It is quite amusing, in retrospect, to realize how foolish it was to entertain the notion of creating a new Bitcoin. In fact, there was no need to build a better Bitcoin or entertain the idea at all because the world already had DigiByte.
Oh Great! Another Maxi Pushing His Favorite Coin!
Wrong.
DigiByte: History, Security, and Community
DigiByte, unlike the knock-off tokens, boasts a powerful and relentless nature with an extensive history in the industry. Behind this coin lies a plethora of stories and a passionate community that continues to stand behind it, support it, and, like me, write about it relentlessly.
DigiByte’s security is unmatched, reminiscent of Donald Trump’s security during a lunch break while playing golf with the aforementioned Florida senator. It boasts a flawless track record of lightning-fast speeds and incredible decentralization.
A Currency with Global Potential
DigiByte has the ability to reach countless people around the world and achieve a level of adoption that surpasses even Bitcoin. This is due to its profound safety, security, and rapid transaction speeds.
Not Replacing, but Coexisting with Bitcoin
DigiByte does not aim to replace Bitcoin. It stands as its own currency, providing a superior alternative while coexisting harmoniously with Bitcoin. Both currencies deserve collaborative appreciation, representing two distinct classes—one offering greater speed and usability, and the other serving as a reliable store of value, albeit with slower speeds.
The Most Undervalued Gem in Crypto?
Let me make it clear—I’m not here to persuade you to buy DigiByte or promote the coin because of personal holdings. Rather, I urge you to examine the history, security, and value that DGB brings to the industry.
As the SEC cracks down on bad actors and corrupt CEXs in the industry, the best currencies are rising to the top. The entire industry is on fire with projects calling out each other as securities or commodities, and in this haze of mystical titles we never applied before, DigiByte appears ready to take on the same title bestowed upon Bitcoin and Litecoin.
One of the more important aspects to consider is the prior history, and the possible manipulation of DGB in the markets. That possible manipulation could finally be eradicated with the potential downfall of one of the biggest beasts of burden in the industry. Binance.
Research has brought up many issues about Binance’s management of this coin. As the biggest holder of DGB, with a very questionable historical movement and transfer record, price changes, and what appears to be a purposeful track record of dubious behavior against DGB, should the shitshow that is Binance come to an end, perhaps that will finally allow Digibyte a better chance at adoption, and better value retention.
“DGB has Tremendous Potential for Greater Adoption, Should Binance Fall” JAK
Apart from DigiByte’s impressive speeds and efficiency, its overall market value remains significantly undervalued. This presents a favorable opportunity for increased adoption among crypto consumers. Moreover, DigiByte’s enhanced security, reliability, and technical advancements allows it stand out from the crowd, making it one of the most undervalued currencies in crypto.
