If the comparison wasn’t intended to equate Bitcoin and ZIP but rather their critics, it’s still an odd parallel to draw. Bitcoin created an entirely new asset class and operates in a decentralised system with global adoption, while ZIP is a struggling BNPL company in a saturated market. The skepticism surrounding ZIP is based on well-documented operational and financial challenges, not on failing to grasp its concept.
It’s also worth noting that Bitcoin has achieved its status through unique innovation, whereas ZIP is competing in a sector where differentiation is minimal, margins are thin, and regulatory pressures are increasing. Criticism of ZIP isn’t naysaying for the sake of it—it’s a rational response to the company’s consistent failure to demonstrate long-term viability. Comparing the doubters of Bitcoin’s emergence to those questioning ZIP’s prospects only highlights how little the two have in common.
ZIP Price at posting:
$3.28 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)