Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets

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Will Canny is CoinDesk's finance reporter.

is a monetary good and an attractive store of value in a progressively digital world, Fidelity Digital Assets, a unit of financial services giant Fidelity investments, said

However, “bitcoin’s first technological breakthrough was not as a superior payment technology, but as a superior form of money,” the authors wrote. The success of the Bitcoin network is not mutually exclusive with the success of other networks, the report argued, as the rest of the digital asset ecosystem can service different needs or solve other problems that bitcoin can’t.

 

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