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RE: Why doubling the number of bitcoin users would more than double the price.

in #bitcoin7 years ago

I am sure some of the other crypts are very good and they have their stories. They all claim to be better than bitcoin, but the vast majority of potential investors just don’t care. They just want bitcoin, and nothing else. It’s like the next brand of smart phone. No matter what it claims it can do - faster, better pictures, higher resolution, and so on, - the public just don’t care. They want an iPhone.

So for me, I sometimes mess with the others, but I always find myself coming back to bitcoin. It’s the grand-daddy of crypto. It has the name recognition.