bullish and potentially overthrowing Bitcoin?
what does overthrow mean?
verb: remove forcibly from power.
Then I think that’s the wrong word.
Basically becoming the number 1 in Crypto
Lotta different metrics regarding number one. Use? Capital? Popularity?
Things like this… Max Winograd,atma.io.”We’re excited to start pushing billions of item-level data transactions through the Hedera network to deepen the connection between physical and digital worlds, and enable our customers to continue leading in sustainability and traceability.” https://www.atma.io/
Hmm.. "billions of item-level data transactions" Will the HBAR token be used in these transactions?
Yes. The Coupon Bureau is launching with retailers this Summer and Hedera will be used to verify the new 8112 digital coupon standards which might be even bigger than the atma.io app as well.
It solves the 'blockchain trilemma' better than any other distributed ledger: secure, scalable, decentralized. Bitcoin: store of value. HBAR: the fuel for Web3 dApps.
In layman's terms....it provides a service similar to Bitcoin but much cheaper faster and greener...the underlying service for all crypto is really "consensus" which means that everyone in the world can trust that a certain message was sent at a certain time and in a certain order relative to other messages...the message might be a transaction that confers a unit of value, or any other communication.... Hedera does this at $0.0001 per message / transaction....plus it offers a growing suite of tools that build upon this basic function...like Smart Contracts that interoperate with Ethereum,
So do you see at some point of time in the future, when mass adoption is settled that HBAR becomes a store of value like Bitcoin but more advanced?
Very possible...huge usage by enterprises will create permanent liquidity in that there will always be buyers for Hbar, not because they are playing a market of symbolic "stores of value" whose value rests only on the belief that everyone else won't sell. Even if all the traders sell their hbar, the enterprises will keep buying
I think it will be a stable platform that returns X% in staking rewards and will be seen more like a strong dividend stock - but it’s obviously not a stock. And I think it will continue to appreciate in price as the network carries more and more value.
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