Crypto is here to stay, as the genie is officially out of the bottle.  However, it will take years to determine the winners – aside from, of course, King Bitcoin.  

Just like the internet boom, where 98% of dotcoms failed, the vast majority of today’s altcoins will be rendered worthless – the reason being, that in both cases, nearly all were created solely to pump and dump.  However, the handful with viable, defensible use cases – at the initial stage, and thereafter, become significant success stories…not due to hype, but hard work.

Of the nearly 5,000 coins now listed on CMC, essentially all are ERC-20 tokens – of which, essentially ZERO effort, or capital, were expended to create.  Most are dead in the water from day one, and the rest will die in the coming months and years.

Unsurprisingly, just a handful are mineable.  In other words, EFFORT and CAPITAL are expended to create them – giving them intrinsic value, in a market where so few coins have any.  To wit, Bitcoin Rhodium is the 75th largest mineable coin, despite being just the 450th ranked in terms of market cap. Moreover, it’s hash rate is down just 20% from its all-time high, a FAR better performance than essentially all mined coins not named Bitcoin.

The reason being, it’s use case was well thought out, defined, and refined over a nearly two-year period – with a brilliant, dedicated, anonymous dev team working 24/7 to fulfill their LONG-TERM vision of a niche store-of-value coin.  By distributing XRC via FREE BTC airdrop, it created significant investor loyalty; and by adding unique features, like the Strong Hands dividend program, and soon-to-be-launched privacy features and the Free Market One marketplace, Bitcoin Rhodium has discerned itself in ways that for all intents and purposes, cannot be replicated in the crypto space.

Unfortunately, the vast majority of its existence has been during bear markets – first, in Bitcoin; then, altcoins; and now, a bit of both.  So, opportunities to capitalize on bullish sentiment have been few and far between – with the current environment being particularly challenging, due to unfathomably low crypto lethargy six months ahead of what could be an historic Bitcoin halving.  Not to mention, equally historic monetary lunacy – that will only worsen as history’s largest, most destructive fiat Ponzi further implodes.

Fortunately, XRC’s built-in scarcity means those acquiring at current levels will be further tightening an already extremely tight float – as essentially all incremental supply emanates from the portion of incremental mine supply not held in the Strong Hands program…that will halve itself in 2022, from the current block reward of 2.5 to a miniscule 1.25.  By then, crypto will be FAR more advanced – if not, ubiquitous; so at some point – perhaps sooner, perhaps later – Bitcoin Rhodium’s ultra-scarcity will result in a dramatic upward price revaluation.

Until then, the blockchain will continue to be mined – with the built in “correction mechanism” of difficulty adjustment slowing mining further (as occurred this morning) if supply arrives faster than demand.  Ultimately, XRC’s scarcity, and uniqueness, will win out – it’s just a matter of time.

Bitcoin Rhodium currently trades on HitBTC, Changelly, p2pb2b.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. 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.