Why you should stay the hell away from Algorand! It IS NOT the next ₿itcoin! 💩🟡

Shitcoiners are always looking for the next ₿itcoin. A coin they can buy for pennies that they mistakenly believe will make them Millionaires someday. Sorry, but that ship has sailed long ago and no other coin is like ₿itcoin for reasons cited in this video and the video description of the video below:

What is a Shitcoin❓ 💩🟡🤔
https://www.bitchute.com/video/xnbKwYOrKzJ0/

In this video, we discuss the crypto Algorand (ALGO), how it compares to ₿itcoin, and the fatal trade-offs that ALGO has made when it comes to decentralization.

ALGO had a 100% premine/premint and runs on a modified version of proof of stake, which in itself ensures that the protocol can never be neutral.

In addition, ALGO has a headquarters, CEO, CFO, venture capital backers, a website, and a development road map. These are things that no decentralized protocol would ever have.

I conclude that ALGO is an unregistered security that was used to fund Algorand and its foundation. It's just another failed project in crypto land that had a pump and dump.

Algorand is NOT the next ₿itcoin!

₿itcoin is the next ₿itcoin!

Algorand's website:
https://www.algorand.com/

Algorand hires a new CFO:
https://www.coindesk.com/business/2023/03/01/layer-1-blockchain-protocol-algorand-hires-its-first-cfo/

Algorand has a foundation:
https://twitter.com/AlgoFoundation

Algorand has VC backers:
https://www.crunchbase.com/organization/algorand/investor_financials

Algorand has a road map:
https://messari.io/asset/algorand/profile

Algorand has a headquarters:
https://www.builtinboston.com/company/algorand

Gensler on companies pretending to be decentralized protocols:
https://twitter.com/coryklippsten/status/1629700076120739840/photo/1

Algo huge premine:
https://www.algorand.foundation/tokenomics

AlgoWallet gets hacked:
https://www.pymnts.com/cryptocurrency/2023/algorand-hack-drains-9-6million-from-crypto-investor-wallets/

El Salvador Signs a Cooperation Agreement with Koibanx to Develop the Government’s Blockchain Infrastructure on Algorand:
https://www.algorand.com/resources/ecosystem-announcements/el-salvador-signs-agreement-with-koibanx-to-develop-its-blockchain-infrastructure-on-algorand

Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx:
https://www.coindesk.com/business/2022/08/18/blockchain-protocol-algorand-leads-22m-investment-round-in-tokenization-firm-koibanx/

El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year:
https://www.coindesk.com/events/2021/08/31/el-salvador-to-launch-government-blockchain-infrastructure-on-algorand-by-2021/

Original Video by Trader University: https://www.youtube.com/watch?v=LuZJEPVE8d4

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