Why hello there!
Over the years of cryptocurrency we have seen many coins come and many coins go.
We have even come to a point where great coins come to a "fork" in the road for the future of a currency.
Bitcoin is great don't get me wrong! However...
It was built almost like a basic principle of matter such water or fire. Bitcoin is made up of 2 simple ingredients!
From there Bitcoin is suppose to continue on while new coins get invented that will hopefully one day surpass its roots.
Sadly, I don't think anyone in our lifetime will see this happen since bitcoin still has until 2140 to reach end game.
All these coins are competitors to the holy grail that is bitcoin as well as competitors to each other as they try to all stack up against the odds.
So then we get s**tcoins flowing out from under urinal cakes like nobody's business but a plumbers!
Sorting through this pile of BAT crap (shoutout Basic Attention Token you rock, woooo!) is overwhelming and can cause a lot of overwhelming headache.
In a lot of cases it leads to worse; a coin becomes a scam or it fails completely missing its purpose of making the top charts. We can all agree time is not well spent wasted. Which is basically what drives many new investors away a lot of the times.
Luckily we can assume it cannot scare away everyone forever. Except that until then there are those of us that want to put our faith into a crypto that we know a lot about and know what kinds of problems it solves that bitcoin did not.
This is where I believe players like Tezos XTZ come in and shake things up for the better like communities need.
Getting into the details could go forever so I thought I would attempt to make a quick list of factual reasons why Tezos is not only great at what it is trying to do, but also great to invest into as soon as humanly possibly knowing it will not end up sleeping with the altcoin fishes one day.
Reasons why I invested into Tezos:
- Created by blue-collar blockchain engineers that were husband and wife and enthusiasts of bitcoin for almost 10 years.
- Backed by crowdfunding on Kickstarter where at the time when it raised the most funding of anything on Kickstarter's platform
- Tackles the governance issue of updating the blockchain preventing "Forking"
- Fixes forking while also providing a perfect decentralized platform for Tezos holders to vote on changes
- Updates that get voted on get applied automatically once a decision is made by the community.
- This technical capabilities have gone through their first tests and were very successful
- Tezos is no longer going through Legal issues regarding their Kickstarter raising over 200+ million instead of the original pledged 10 million USD.
- Owning Tezos on Masternodes provided by places like Coinbase causes the Tezos XTZ you own to "bake" which is just a fancy way of saying your coins stake and gain interest the more that you own. This is because the coins you own are mined through the proof-of-staking process many coins us now such as USD Coin.
- Tezos is super affordable and easy to buy now while it is low
- Tezos isn't new and it has a very concrete backing
- Tezos tends to rise when bitcoin experiences significant falls (but you didn't hear that from me!) encouraging good patient trading skills for new investors testing the waters
Basic conclusion is this coin has been around for awhile and has withstood the sands of digital time. Now it is finally able to emerge as the cryptocurrency it aimed to be back when it was first thought of back in 2014. If you have not bought XTZ Tezos yet and are considering it now. Pick the best time to buy and get in now! Tezos is a successful, honorable, reputable, and truly decentralized asset token of our future.
