RE: What gives Crypto value? A letter to potential investors.

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What gives Crypto value? A letter to potential investors.

in cryptocurrency •  7 years ago 

Outstanding article. Strange thing about crypto is that while they are somewhat like a currency and a stock they're also like the fuel that powers a manufacturing facility or a car. Viewing cryptos as fuel makes it clear why they will, in the future, become so much more valuable than they are today. An example from years past is if Henry Ford would have come to use and said, "hey would you like the contract to supply all power to my plants?". Clearly, any intelligent business person would have said yes and made a fortune doing so. Today we have the same opportunity in cryptos -- to own a portion of the energy that will power the next generation of technology upon which banks, insurance companies, governments and all IOT platforms will be powered. What many crypto buyers today don't get is that the trading and price movements we see on exchanges today will be like rounding errors and microscopic dots compared to the value of these tokens when they are used by the 7 billion people on this planet all of whom will have mobile access. At that point users won't even equate their tokens with blockchain or crypto like we do today.

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