Is Stellar the next Bitcoin?
No, unfortunately it's a centralized grift, be aware!
Like most alternative cryptocurrencies, Stellar differs fundamentally from Bitcoin's decentralized, trustless design.
Critical breaches of Trust by Stellar
| Principle Broken | Specific Issue |
|---|---|
| ❌ Fair Launch | Stellar Development Foundation controlled 100% of 105 billion XLM |
| ❌ Fair Launch | SDF only distributed 7.375 billion of planned 95 billion |
| ❌ Decentralization | Network halted for 67 minutes, May 15, 2019 |
| ❌ Decentralization | SDF controls validators and biggest validator nodes |
| ❌ Decentralization | SDF burned 55 billion tokens unilaterally, November 2019 |
| ❌ Fixed Supply | SDF burned 55 billion XLM, reducing supply from 105B to 50B |
| ❌ Fixed Supply | Had 1% annual inflation until disabled October 2019 |
| ❌ Fixed Supply | SDF received 95% of inflation due to holding concentration |
| ❌ Immutability | Inflation mechanism permanently disabled via community vote, 2019 |
| ❌ Immutability | Half of total supply burned in single decision |
| ❌ Trustlessness | SDF still owns 60% of total supply after burn |
| ❌ Proven Security | Network consensus failure caused 67-minute halt, 2019 |
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 Stellar 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.