When I first started to dive into crypto years ago, I struggled to make sense of the value propositions of most coins. I consider myself a smart person, but I just wasn't seeing it. There was always some fatal flaw that made coins unsuitable for anything other than trading and speculation.
That is, until I took a deep dive into Bitcoin. I immediately saw the value:
* Scarcity
* Originality
* Network effect
* Decentralization
Bitcoin's demand INCREASES as price/adoption increases. As it becomes more valuable, people perceive it to be more valuable, and want to hold on to it.
This is exactly the reason why exponential price increases are possible, even inevitable. submitted by /u/eyedude2898
[link] [comments]
http://dlvr.it/TC4212
That is, until I took a deep dive into Bitcoin. I immediately saw the value:
* Scarcity
* Originality
* Network effect
* Decentralization
Bitcoin's demand INCREASES as price/adoption increases. As it becomes more valuable, people perceive it to be more valuable, and want to hold on to it.
This is exactly the reason why exponential price increases are possible, even inevitable. submitted by /u/eyedude2898
[link] [comments]
http://dlvr.it/TC4212
Comments