Yet again, the crypto sector is acting like the world is going to end – in this case, with less actual FUD than anytime before.
Yes,holders of the 98% of altcoins with no viable, defensible use case should worry– as ultimately, market capitalizations must be supported by a value proposition. However, for Bitcoin – and the 2% of coins creating value – the reward/risk proposition has never been better.
In the case of the “MimbleWimbleTrinity” – Grin, Beam, and soon-to-be-launched MWC(on November 11th) - they have the tiger by the tail…as no matter how much “maximalists” want to attack altcoins, the FACT remains, that MimbleWimble technology is FAR superior to Bitcoin’s. In other words, if Bitcoin doesn’t incorporate it, this value will accrue to other coins, like said MimbleWimbleTrinity.
That said, there’s an increasingly huge gap in the value Grin, Beam, and MWC are adding. Technologically, whatever one creates,the others will incorporate. However, financially, MWC’s scarcity, dividend, and BTC airdrop distribution make it FAR superior – which is why, when it launches next month, it would not surprise me if, very quickly, it becomes the most valuable of the three.
Grin,which has unlimited supply and no dividend, launched in January, and already has 23 million outstanding. Meanwhile, Beam TODAY passed 40 million, or twice MWC’s lifetime cap of 20 million – of which,roughly eight million will be outstanding upon launch. Beam’s lifetime cap is 263 million – and like Grin, pays no dividend either.
Forthe 1% of ALL Bitcoin holders who registered for the FREE MWC airdrop, get ready – as MainNet launches November 11th, and airdrop claims one month later. In 2020, led by the hype of the upcoming BTC halving, I expect crypto to powerfully rebound – and within it, MimbleWimble to perhaps, be THE hottest sector…with MWC, by FAR the mostinvestable coin, leading the way!
The MWC airdrop registration ended July 19th, with MainNet launch scheduled for November 11th, 2019, and claims on December 11th, 2019. A total of 148,474 Bitcoin registered – roughly 1% of the entire BTC float - yielding an MWC/BTCratio of roughly 40.41. For more information, please check out the MWC website,Discord room, Twitter feed, and Telegram Forum.