RE: What Gives Cryptocurrencies Their Value

You are viewing a single comment's thread from:

What Gives Cryptocurrencies Their Value

in bitcoin •  7 years ago 

You point to multiple wallets like it is a negative. People could have multiple wallets for a reason. I do.

In bitcoin, I have one that is cold storage....another on my nano....another Xato on my phone....all have differing degrees of money in them and are for different purposes. I am sure I am not the only one.

When you think about it, if a token has usefulness and extreme value, people will have multiple wallets....they arent going to want it all in one place, especially on their phone.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Sorry no I didn't mean to give the impression that I thought multiple wallets were a bad thing. I seem to be collecting more wallets as I do further down the crypto rabbit hole. So for me the wallet ratio is increasing as time goes by.

Very good.

Which shows the accumulation of wallets is in direct reflection to your interest in crypto and, I presume, you acquisition of them.

Ergo, I think you are a prime example of multiple wallets truly telling the story...you are only acquiring more as you become more immersed in crypto.

Very true. Point taken