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@ Jake Woodhouse
2025-02-16 09:04:39
Bitcoin Dominance (BTC.D) is the ratio of Bitcoin’s market capitalization to the total cryptocurrency market cap. For example, if Bitcoin’s market cap is $1 trillion and the total crypto market cap is $2 trillion, Bitcoin dominance would be 50%.
When most people say "crypto," they are referring to an ecosystem filled with scams, Ponzi schemes, and pump-and-dump projects. While Bitcoin is a cryptocurrency, it is not "crypto."
Bitcoin stands apart as the only truly decentralized, credibly fixed, and censorship-resistant form of digital money.
For a deep dive into why Bitcoin is different from other "digital assets" check out this report from Fidelity Digital Assets:
https://fwc.widen.net/s/vbgwdtmnrf/1012662.6.0---fdas-bitcoin-first-revisited-v1
https://i.nostr.build/doyiMQRZI6Pqaque.png