Kaspa

Satoshi

Internet Computer

Bitcoin

Coin

<p>In his latest <a href="https://www.youtube.com/watch?v=GodfG2hMMXs" target="_blank" rel="noopener noreferrer nofollow">video</a>, Bitcoin University’s Matthew Cratts discusses if <a href="https://captainaltcoin.com/?s=kaspa&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">Kaspa (KAS)</a> could be the next <a href="https://captainaltcoin.com/?s=Bitcoin&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a>.</p>
<p>While Kaspa’s price has lately taken a pause following an incredible climb, Cratts provides a thorough analysis of why he feels Kaspa is the only genuine competitor to Bitcoin in the cryptocurrency space.</p>
<h2 class="wp-block-heading" id="kaspa-s-position-in-the-crypto-market">Kaspa’s Position in the Crypto Market</h2>
<p>Cratts begins by noting Kaspa’s current ranking as the 24th cryptocurrency by market cap, positioned between Internet Computer (ICP) and Pepe.</p>
<p>However, he emphasizes that Kaspa is a far more serious project than these competitors. The YouTuber highlights Kaspa’s implementation of the GhostDAG protocol, which he describes as a “real innovation” in the space.</p>
<p>According to Cratts, Kaspa’s GhostDAG protocol claims to solve the blockchain trilemma – the challenge of achieving security, scalability, and decentralization simultaneously.</p>
<p>While he expresses some skepticism about the long-term decentralization of Kaspa, Cratts acknowledges the potential of GhostDAG if it lives up to its promises.</p>
<h2 class="wp-block-heading" id="kaspa-s-similarities-to-bitcoin">Kaspa’s Similarities to Bitcoin</h2>
<p>Cratts points out several characteristics that set Kaspa apart from typical “shitcoins”:</p>
<ol>
 <li>No pre-mine or initial token allocation</li>
 <li>Proof-of-work consensus mechanism</li>
 <li>Fixed maximum supply (28.7 billion KAS)</li>
</ol>
<p>These features, he argues, align Kaspa more closely with Bitcoin’s ethos than many other cryptocurrencies.</p>
<h2 class="wp-block-heading" id="challenges-facing-kaspa">Challenges Facing Kaspa</h2>
<p>Despite its innovations, Cratts identifies several challenges that could hinder Kaspa’s potential to rival Bitcoin:</p>
<ol>
 <li>The presence of a living, active founder (Yonatan Sompolinsky) who publicly comments on political issues</li>
 <li>A predominantly Israeli development team, which may impact global perception and adoption</li>
 <li>A faster issuance schedule compared to Bitcoin, with 95% of all coins to be mined by July 2026</li>
</ol>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Cratts emphasizes the critical role of neutrality in creating a global currency. He argues that Bitcoin’s “immaculate conception” and Satoshi Nakamoto’s disappearance give it a significant advantage over Kaspa in this regard.</p>
<p>The YouTuber suggests that the active involvement of Kaspa’s founder and development team in public discourse could potentially alienate certain groups and hinder its adoption as a truly global, neutral currency.</p>
<p>As per Cratts, Kaspa faces a great obstacle in overcoming Bitcoin’s established status as a trillion-dollar asset with strong network effects. He draws attention to how Bitcoin has been incorporated into the global financial system through a number of goods and services, comparing this with Kaspa’s more recent arrival on the scene.</p>
<p>Cratts asserts that “money is war” and that strong money always triumphs over weak money in his argument against the idea of diverse types of money existing in harmony. As the most well-known and tried-and-true cryptocurrency, he believes Bitcoin will become the standard worldwide digital currency.</p>
<p><strong><em>Read more: <a href="https://captainaltcoin.com/this-solana-meme-coin-continues-to-outperform-dogwifhat-wif-and-bonk/" target="_blank" rel="noopener noreferrer nofollow">This Solana Meme Coin Continues to Outperform dogwifhat (WIF) and BONK</a></em></strong></p>
<h2 class="wp-block-heading" id="a-david-vs-goliath-scenario">A David vs. Goliath Scenario</h2>
<p>While acknowledging Kaspa’s innovations and potential, Cratts ultimately concludes that its late arrival and Bitcoin’s established dominance make it unlikely for Kaspa to supplant Bitcoin as the world’s leading cryptocurrency.</p>
<p>He advises investors who have profited from Kaspa’s recent price surge to consider taking profits and moving them into Bitcoin for long-term holding.</p>
<p>Despite Kaspa’s current price consolidation, Cratts’ analysis suggests that the project’s unique features and similarities to Bitcoin make it a noteworthy contender in the cryptocurrency space.</p>
<p>However, he maintains that Bitcoin’s first-mover advantage, neutrality, and established network effects present significant hurdles for any potential rival, including Kaspa.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="Is Kaspa The Next Bitcoin?" width="840" height="473" src="https://www.youtube.com/embed/GodfG2hMMXs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/kaspa-price-takes-a-breather-but-youtuber-explains-why-kas-is-the-only-bitcoin-rival/" rel="noopener noreferrer nofollow">Kaspa Price Takes a Breather, but YouTuber Explains Why KAS Is the Only Bitcoin Rival</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Price Takes a Breather, but YouTuber Explains Why KAS Is the Only Bitcoin Rival

Table of Contents

CaptainAltcoin

Andre artikler udgivet 2. jul. 2024

VanEck and 21Shares File for Spot Solana ETFs, Triggering SOL Price Rally

Bitfarms Boosts Bitcoin Production by 21% and Expands in U.S.

Breaking: Robinhood Expands Crypto Trading To Three New U.S. Regions

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

SOL Meme Coins Surge Bullish Green as Solana Outperforms Ethereum in Daily NFT Sales Volume

Grayscale Unveils “Top 20” Crypto List, Bets on Ethereum and AI-Linked Tokens

Join our free newsletter for daily crypto updates!