Thanks for this, you've definitely gained a new follower in me. Your content looks great.
this is the new paradigm of investment! Instead of rewarding cut-throat behaviors, the cryptocurrency markets have proven to us, beyond a shadow of a doubt, that integration and mutually beneficial relationships improve the entire ecosystem!
I'm not sure if I agree with this.... YET.
I've had this worry for a while too now and have continued to speak to experts about Bitcoin v Etherium and whether they think that they can coexist. Consensus seems to be that they can because they are completely different. ETH seems to be the driving token of an invention platform, while BTC is primarily a currency.
So does bitcoin REALLY have the competition that we see in normal products? It's a huge wait and see in terms of how the industry as a whole develops before we can say that it's any different to the mainstream investment scene.
Of course, time will further solidify whether bitcoin and cryptos are truly different from the traditional investment markets, but the facts, not the opinions, are clearly visible -- bitcoin experienced record-shattering market cap at a time when it is hardly the only choice available. If Apple suddenly lost more than half its market presence in a matter of weeks, no one is going to bother paying 12x earnings or whatever it is for AAPL.
Excellent point mate. I'm on your side here.