7/02 ANDY HOFFMAN (CryptoGoldCentral.com): Bitcoin Rhodium – The Perfect Use Case, DIVERSIFYING Crypto Store Of Value

When Bitcoin Rhodium was created, its anonymous developers aimed to form a “Crypto Trinity” with Bitcoin and Litecoin – the only other coins demonstrating store of value properties. Neither Bitcoin nor Litecoin were created with this goal in mind, but have thus far stood the test of time.

Both aim to have other uses, too, so it’s hard to deem them “store of value” coins; but they are the biggest, most liquid, and trusted – and thus, will serve that purpose for as long as crypto exists. But keep in mind, Litecoin has essentially traded at 1% of a Bitcoin for 90% of its existence – and still does today, DESPITE the run up to its halving next month. In other words, it’s really hard to make a case that Litecoin can appreciate against Bitcoin over time…so why own it?

Conversely, Bitcoin Rhodium was created specifically with this use case in mind – to isolate Bitcoin’s store of value function, by limiting supply, adding the “Strong Hands” HODLing dividend…and of course, distributing it via free BTC airdrop – and since it has not YET received its final mainstreaming “send-off,” in the form of CMC market ranking and Trezor support (BOTH, IMMINENT!), it has the ability to dramatically appreciate versus Bitcoin in the very near-future.

XRC caters to whales, who received the lion’s share of the airdrop; and had the means to buy the largest supply in the OTC market early on - but small investors, too, due to its low current market cap. Moreover, it is NOT a Bitcoin fork – but a unique blockchain that took 19 month to reach its current state; and lies so far out of the mainstream, it is virtually unknown to the world’s authorities.

Today, BTC plunged when it was revealed a major South Korean bank may limit, or eliminate, its support of crypto exchanges – and since Bitcoin is one of the few coins buyable with fiat, it was clearly a direct attack on it.

Not that it won’t be shrugged off in time, as Bitcoin investors will continue to adapt – but it does highlight how there are points of attack for fiat-purchased coins, that altcoins like Bitcoin Rhodium are immune to. Frankly, large XRC buyers now may hold five-plus million down the road, before anyone has heard of it other than the its increasingly large group of global die hard followers.

“Maximalists” believe no coin can ever be worth anything but Bitcoin – but that would be like early Ford Maximalists believing no other car brand can survive. In the Digital Age, dozens; if not hundreds of coins will succeed, for a variety of reasons…some, because the do things Bitcoin doesn’t; and some, because they possess traits that make them strong diversification tools.

At a $12 million market cap, with a “HUGE ANNOUNCEMENT” coming in the next month, crypto in a powerful bull market, and Bitcoin Rhodium’s unique store-of-value traits, perhaps diversifying a tiny bit of one’s larger, more mature store-of-value brethren, Bitcoin and Litecoin, to their emerging, highly undervalued cousin, with major near-term catalysts, makes sense?

Bitcoin Rhodium currently trades on p2pbp2.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.