You are viewing a single comment's thread from:

RE: What Gives A Cryptocurrency Its Value? Without Practical Use Cases And The Ability To Handle Adoption A Project Has Limited Potential For Success In The Long Term.

in #blockchain7 years ago

Bitcoins limited functionality may not be a bad thing, more code means more risk. I think bitcoins main feature should be a store of value like gold has been for most civilisations. We humans naturally value things which are scarce. The only practical use for Gold is you can hold it in your hand and make jewellery with it, but yet it's a $7trillion market cap. You can send a crypto across the world in minutes, you can store data on the blockchain, create decentralised applications, smart contracts, and many other possibilities which will revolutionise how society functions in a matter of decades. I value that a lot more than a lump of metal.