add value to corporations also and partnerships with firms like Avery etc just underline things for me. Ive watched some of bullflag cryptos vlogs on the step function and hes mentioned he cant be sure if the step function would affect the price, which is fair enough he can't know that for sure. It just got me thinking if the so called step function doesnt affect the price positively surely youd have to question why?
I think the real money will be made when institutional dollars hit Hedera. If the network can provide x% return on a stable platform it won’t matter what the crypto crazies think of Hedera. BIG money will roll in and that will drive the price up and provide stability once we get there. But I don’t know what that % needs to be to get us there.
What they mean by step function. A 20M tx a day is not a step function, at 100M the revenue income would become noticeable. Price follow tx as you seen lately, year to date went tx down and price is down too as it should.
From 1M to 20M i would call a step function
That will not even cover increased operational cost of Hedera, by council members adding themselves significant salary lately. Running costs goes up.
Be patient Michal
I will be and hope they will be accountable for money they take and what they do with it, like those going to Foundation for funds that need to show evidence of proof of work been done.
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