🚨 Bitcoin OG Samson Mow is calling out a major issue in the crypto space — unit bias!
New investors often fall for cheap altcoins just because they can own a “whole coin” instead of a fraction of a Bitcoin. But that mindset might be costing them big!
🔍 What’s unit bias?
It’s the illusion that owning 1 SOL or 1 XRP is better than 0.01 BTC… even if BTC is the more valuable and scarce asset.
📈 Mow’s Take:
If popular altcoins had the same fixed supply as Bitcoin (21M):
ETH would be ~$9,200
XRP ~$5,800
SOL ~$3,400
🤯 Meaning?
Many altcoins look cheap but aren’t when you adjust for supply.
📊 Bitcoin Dominance Rises:
BTC now dominates 63.69% of the crypto market — showing that more investors are waking up to its long-term value!
💬 Reminder:
Don’t get fooled by low prices. Always check total supply, utility, and fundamentals!