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RE: What Gives Cryptocurrencies Their Value

in #bitcoin7 years ago

Great...code us up some stores on here to spend our steem so we dont have to turn it into something else after the price skyrockets. :)

I hear you....however, I will keep repeating the mantra because there are a ton of non tech understanding people on their way into this sector.

The tech based, early adopter stage is done....now comes the finance...the overall IQ just went way down.

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i still think we're in the early adopter stages. i seen something the other day that btc accounts for like 0.01 percent of monetary transactions and theres something like 75% of the world not even knowing about it yet. so theres still tons of room to grow.

also, funny thing. ive been thinking about working on some sort of marketplace idea. was just talking about it to someone the other day haha.

I agree we are in the very early stages. We tend to get skewed because we are surrounded by people who know and understand crypto. The truth is that most do not even know what it is. Bitcoin is what most heard of, if they heard of anything at all. Steem for example, is known to less than 1/100th of the population.