Dear
and
else
Indeed I've noticed that most people seem to focus on monitoring market cap which I found very surprising. It doesnt take a rocket sience to realize that market cap means very little.
It's surely great way to encourage people to invest in project. Doesn't it sound great when we hear "this project is worth 2mln usd"? It surely does.
There are a lot of similarities between the internet and the crypto space today, the main one being that their true value lies in the technology itself, not the market value which was mostly designated through speculation.
You nailed it buddy.
VALUE AND TRUST
They you explained what "value" means and how we should consider it is brilliant. I found it interesting how different people see this particular topic. I realized that most people who work 9am-5pm jobs and are being paid fixed rate (money) have serious difficulties understanding this topic.
I would like to ask everyone reading my comment, how would you explain what "value" is to "regular Joe". To your mother, brother or simply a friend, who doesn't know much about blockchain and is stuck with a regular way of thinking (money = the only store of value they know).
How to explain what store of value is and that value can be exchanged / traded. I realized that I've some serious difficulty explaining it.
Cheers
Piotr
RE: Cryptocurrencies, Blockchain and Value