You are viewing a single comment's thread from:

RE: Why Most People Won't Make Big Money In Cryptocurrency

in LeoFinance2 years ago

The key question to ask is does the businesss model continue to make sense? Pets.com went to zero because trying to sell discount dog food with the high costs of shipping doesn't make business sense. Amazon was initially only selling books. Then Amazon got into wharehousing and shipping business so it can now sell anything. Some cryptocurrency business models make no sense like NFTs. Other cryptocurrency business models do make sense and will likely be here in 10 years or more.

Sort:  

Certainly business models have to be developed. The challenge for crypto, in my opinion, is there are not enough business people involved. That is where the change comes in.