When I first heard of Bitcoin, the price was in the 1,000 USD range per. I was totally impressed that a cybercoin can fetch such a high price fiat money. I also found out that Bitcoin was valued at US cents when it started out and slowly rose to that level. Months passed by and Bitcoin hit USD 4K per and I couldn't believe it. Why was it increasing in value when it's just a cybercurrency? Then I read somewhere that Bitcoin was accepted as a mode of payment in over a hundred thousand establishments worldwide. And that was when everything started to make sense. For as long as people are willing to exchange goods and services for something as intangible as a cybercurrency, then it will have value. And when I joined the previous Blockchain I knew that one way the value of Steem, or Hive now, will follow the way of Bitcoin is if more establishments become open to accept Hive as a medium of exchange for goods and services. This is clearly manifested in what just transpired with your purchase using Hive. With more people and establishments doing this, we won't have to wait that much longer for Hive to moon. Way to go @melinda010100.
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My son encouraged me to buy BTC at $25 but I was newly divorced and living paycheck to paycheck and didn't feel that I could spend money on something so foolish as pretend money! 💰 It was fun shopping using Hive!