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Apr 18, 2021
12:09:31pm
thebell Redshirt Freshman
The thing I've never understood is why adopt Bitcoin?
Seems like adopting Bitcoin or any of the other common ones would just mean lining people's wallets for being early adopters. If our society decided to move forward with a crypto currency wouldn't it make a ton more sense to adopt a new one? Everyone joins with the same price point rather than joining at a super inflated price point.
I have very little understanding of how this is going to play out, but have never understood what my incentive would be to pay a 1000x markup on something that from what I can tell is in no way better than a crypto that joined the market in the last 6 months, or joins the market 3 months from now.
That feels like the huge gap in Mass adoption. Sure I'd love to have bought a bunch in 2010, but the only reason I can see for me to buy now is because I hope there are even more people who are afraid of missing out and buy in after I do.
thebell
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thebell
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Oct 31, 2007
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Oct 7, 2023
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