This shows why the distribution of a currency is very important for mass adoption.
I remember that a while ago, dogecoin's reddit people donated doge to those who didn't have it, RaiBlocks (now nano) was distributed by faucets, and even bitcoin cash noticed this and started distributing it to more people through their new microblogging.
Summary:
If everyone in the world had a small fraction in bitcoin, today everyone would be using bitcoin and not fiat cash.
I guess on #pob platform we are exactly seeing the same. Whenever there are good posts made by the newbies they are getting upvoted by the community account, which is a good way of distribution to masses
wow, i love this. That's a very wise statement. No matter the amount one hodls, the value of such a currency is only notable when few of such currency is in circulation and people are willing to work so hard to have more of it. Thank you for the post and wonderful insight @faireye
Not necessarily. You need people to demand the currency. Supply side economics is important. For if everybody had bitcoin they would by implication have wallets. Then they would be able to send and receive bitcoin and it wouldn't seem so alien. I'm in an area where I can hardly even give BTC away.
@leprechaun that is so true sir,and those demands are what drives the value up...
crypto distribution is very important as you said before to create mass adoption in crypto
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@faireye I really love the title of your post...