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WAGMI: Chainlink Community WAGMI: Chainlink Community
Dustin-

What stops people moving into another store of value token

besides BTC?

#blockchain #cryptocurrency #english #link
0

10 ответов

29 просмотров
J🟢sh-

It's whatever the accepted narrative is. Hell you can even consider LINK a store of value. But the main one that will always have the narrative because it created the space is BTC

0
17.10.2023
Dustin- Автор вопроса
J🟢sh
It's whatever the accepted narrative is. Hell you ...

So all it has for it is. It came first?

0
17.10.2023
J🟢sh-
Dustin
So all it has for it is. It came first?

beyond the fact that it is a scarce immutable ledger , yes. Peolle need to band together and agree which one is real vs which one is fake when everybody can just create their own chain with the same attributes

0
17.10.2023
Dustin- Автор вопроса
J🟢sh
beyond the fact that it is a scarce immutable ledg...

Any token can be scarce and immutable.

0
17.10.2023
J🟢sh-
Dustin
Any token can be scarce and immutable.

So in your world what one will be a store of value when fiat currency fails? Society is going to agree on a main one similar to gold

0
17.10.2023
Dustin- Автор вопроса
J🟢sh
So in your world what one will be a store of value...

Fiat currency fails when the society using it collapses. If society collapses. I can assure you the people won’t be loading your hardware wallets with BTC.

0
17.10.2023
J🟢sh-

No fiat currency collapses due to bad policy by governments and central banks, which then leads to societies collapse. BTC can hedge against that hyper inflation and continue the financial system a bit longer

0
17.10.2023
Dustin- Автор вопроса
J🟢sh
No fiat currency collapses due to bad policy by go...

People won’t be putting their life savings in a asset that can -50% +50% in days time

0
17.10.2023
Dustin- Автор вопроса
J🟢sh
It won't be like that at higher caps

An opinion

0
17.10.2023

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