Is Aptos the next Bitcoin?
No, unfortunately it's a centralized grift, be aware!
Like most alternative cryptocurrencies, Aptos differs fundamentally from Bitcoin's decentralized, trustless design.
Critical breaches of Trust by Aptos
| Principle Broken | Specific Issue |
|---|---|
| ❌ Fair Launch | Raised $200 million led by a16z in 2022 |
| ❌ Fair Launch | Raised additional $150 million at $2 billion valuation from FTX/Jump |
| ❌ Fair Launch | Total funding reached approximately $400 million |
| ❌ Fair Launch | All investors and core contributors subject to 4-year lockup |
| ❌ Decentralization | Aptos Labs founded by former Meta Diem/Novi employees |
| ❌ Decentralization | Aptos Foundation holds 410.2 million APT tokens |
| ❌ Decentralization | Born from Meta's failed Diem project after regulatory pushback |
| ❌ Trustlessness | Must trust team from failed Meta cryptocurrency project |
| ❌ Trustlessness | FTX Ventures was major investor before FTX collapse |
| ❌ Fixed Supply | 1/120 of community/foundation tokens unlock monthly for 10 years |
| ❌ Fixed Supply | Majority of tokens subject to long vesting schedules |
| ❌ Proven Security | Launched October 2022, only 2.5 years old versus Bitcoin's 16 |
Why Bitcoin?
Bitcoin is the only truly decentralized cryptocurrency. It has no CEO, no company behind it, and no central authority that can change the rules. Unlike Aptos and thousands of other cryptocurrencies, Bitcoin's supply is fixed at 21 million coins, and this cannot be changed.
Most alternative cryptocurrencies (often called "altcoins" or "shitcoins") are created to enrich their founders and early investors. They often have:
- Centralized control and decision-making
- Pre-mined tokens given to insiders
- Unlimited or changeable supply
- Unproven technology and security
- Heavy marketing but little substance
Don't fall for the hype. Educate yourself about Bitcoin and understand why it's different from every other cryptocurrency.
Learn About Bitcoin
Understand what makes Bitcoin different from every other cryptocurrency. No CEO. No company. No central authority.