I know Bitcoin. Supply is defined by blocks every 10 minutes, supply is cut in half every 4 years and you can exchange your BTC for whatever you want, given that the counterpart agrees. Ive been in the space for +10 years, just saying I get this one coin but…
With Solana, I do not know much. Are SOL like bitcoin, to trade for goods and services? store of value? why would a SOL be worth 50 today and the same one 5000 a few years later?
tshnks
Bitcoin is Decentralized gold.
Solana is Decentralized bank/ Visa / internet network. There’s inflation so that it can stay Decentralized in the future if solana works out. It also encourages Defi because people will wanna stake which also helps with decentralization. Solana works like tokens back in the day that were made of real metal and appreciated except you can break it apart and use it like fiat.
As of now ETH is the only other the one that can do these things securely but it’s huge drawback is the speed and fees.