Mimesis Capital: Inside The Event Horizon, Report #16

Bitcoin Versus Ethereum And Other Alts

It’s been “alt season” for the past couple months. Bitcoin has remained situated around $50,000 while Dogecoin, Shiba Inu and Ethereum are soaring.

While short-sighted gamblers like to make bets on the next big dog meme coin, it’s important to review the basics of why bitcoin has accrued value and compare bitcoin to other tokens.

Bitcoin is the best monetary good.

Why? It has specific credible properties: scarce, durable, portable, transactable and so on.

From these properties, we can derive two unique characteristics:



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