RE: Musing Posts

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Musing Posts

in musing-threads •  6 years ago 
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Supply and demand is directly or indirectly linked to usability as a useless coin will definitely remain in wallet of the team that created it..

However some coin may be in high demand not because of actual usability but perceived future uses whether it is viable or not. People demand for such coin for diverse reasons: The team behind the project, the problem they intend to solve, how convincing the whitepaper is and so much more....

Let me conclude with this. Bitcoin is sitting atop of the coin chain simply because it is the most used crypto-coin in the cryptospace.