In crypto’s early days, when Bitcoin dominated both market cap and mind share, everyone was, or pretended to be, a philosopher. As in, acting as if Bitcoin was divinely created, as a gift to humanity – instead of what it really is, the most amazing technological innovation since the internet itself.
If you want to consider Bitcoin a social investment, great; and if “maximalism” serves your purposes, that’s great, too. However, there are millions of INVESTORS who properly see cryptocurrency at its base layer; i.e., the best INVESTMENT opportunity they have seen.
Bitcoin caters to many INVESTORS – particularly, conservative ones, old or young. But altcoins serve purposes, too – as aside from the 95%+ that are pump and dump schemes, a handful have viable, defensible use cases; in some cases, with reward/risk profiles as attractive as anything in global finance.
In Bitcoin Rhodium, I have envisioned use cases from Day One – BEFORE its network and mining pools were completed and perfected; BEFORE the unique Strong Hands dividend program was announced; BEFORE its hash rate surged, and mining community diversified; BEFORE it was listed on multiple exchanges; and BEFORE the crypto bull market commenced.
Today, I more than ever realize that from an INVESTMENT standpoint, XRC has everything INVESTORS seek – with a risk profile that with each passing day of higher liquidity, hash rate, and crypto strength, materially improves.
To wit, no altcoin has successfully, and purposefully, isolated Bitcoin’s store-of-value function to an off-the-radar asset with scarcity; a one-of-a-kind in-kind dividend program; and shortly, privacy features. Additionally, it is one of just 40 non-ERC tokens supported by Trezor – though right now, we are waiting on the comprehensive firmware update that will enable support on the widely used Trezor One product. For now, only the Model T supports XRC, but few yet realize it.
Moreover, Bitcoin Rhodium is easily the most advanced, and USEFUL altcoin not yet “ranked” by Coinmarketcap.com. The reason being, that until recently, they didn’t tell XRC’s anonymous devs that XRC needed to be listed on a CMC-endorsed exchange; i.e., the 22 accepted into CMC’s DATA alliance. That was last month, and I ASSURE you the XRC devs have made this their TOP PRIORITY!
Moreover, the devs at XRC-listed exchanges like p2pb2b (where most XRC trading occurs) and WhiteBit claimed to be seeking compliance by the DATA alliance’s June 14th deadline. Thus, it’s very possible that in the near-term, one or more XRC-listed exchanges will be CMC endorsed, even if no new listings are announced.
In other words, I fully expect XRC’s market cap to be ranked in the very near future – that at today’s comically undervalued level of $16 million, has a LOT of room to run…particularly in the context of a burgeoning crypto bull market; i.e., a series of price explosions seeking catalysts.
So, if you want to philosophize about what crypto is, and what it “should be,” go right ahead. However, if you are looking for an historic INVESTMENT opportunity, I have not seen a better one in my lifetime than Bitcoin Rhodium…which, I might add, can be purchased this morning on p2p, BELOW its current mining cost of .00305 BTC/XRC!
Bitcoin Rhodium currently trades on p2pbp2.io, Trade Satoshi, Fat BTC, Sistemkoin, Bisq, and WhiteBit. If you have questions about anything XRC-related, including OTC trading, please email me at ahoffman@cryptogoldcentral.com, or DM/PM me on Twitter or Discord.