You've done the work. You understand fiat. You understand miners, nodes, and private keys. And then you open an exchange and get hit with 20,000 other cryptocurrencies — coins named after dogs, coins promising to be a world computer, coins claiming to be faster, cheaper, smarter, and better than Bitcoin in every measurable way.
It's a fair question. And how you answer it will determine whether you protect your purchasing power over the next decade or lose it chasing a mirage.
In this episode of the Bitcoin Well 101 series, Zach breaks down what altcoins actually are, the trade-offs they don't advertise, and why Bitcoin doesn't just lead the crypto market — it exists in a category of its own.
Chapters:
0:00 Intro: The Altcoin Question
1:37 What Is an Altcoin?
2:02 The Blockchain Trilemma
3:40 The Founder Problem
4:27 Altcoins on Trial
4:34 Ethereum
6:09 Solana
7:16 Litecoin
8:38 Bitcoin Cash
9:28 XRP / Ripple
10:03 Dogecoin
10:42 Stablecoins
11:23 So How Does Bitcoin Scale?
12:18 The Lightning Network
13:03 Why Bitcoin Stands Alone
13:54 The Lindy Effect
14:26 The "Next Bitcoin" Trap
15:00 Price Altcoins in Bitcoin
15:51 Why There Will Never Be Another Bitcoin
17:04 Outro
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