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RE: Why I am buying NEO GAS (Antcoins) instead of NEO (Antshares)

in #cryptocurrency7 years ago

So NEO is a share in a blockchain. An owner of NEO entitles him to get Antcoins. Antcoins are used to pay systemic fees. As NEO use of NEO as a blockchain increases in use purpose, Antcoins will become more valuable. Antcoins therefore have usage purposes whereas Bitcoins are basically useless unless someone gives it value. Am I correct?

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I think so yes. The value of the bitcoin is modulated by the amount of users who invest and value btc at a specific price. The value of Neo gas is modulated by the amount of users (as well) who invest and value companies using the neo platform as a way to produce smart contracts. These companies will charge gas fees for transactions.