Many people currently assume that if a cryptocurrency is widely used for payments it will become valuable. But what if that's not true? According to Ben's math, if Visa had a coin, with its current volumes it would likely only be worth around $3 billion. https://twitter.com/bendavenport/status/1011005759637749761 …
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Replying to @nathanielpopper
We’ve been telling this to people for years. Spending does not create value, holding does.
4 replies 4 retweets 32 likes -
Replying to @girevikcap @nathanielpopper
I'm surprised this is a surprise to ppl..
1 reply 0 retweets 2 likes -
The way I see it, it's neither spending or holding. Not on its own. It's confidence in the coin and the network running it
1 reply 0 retweets 1 like
Replying to @DerekAndonian @Bullitoss and
Which is why one would buy and *hold*
12:52 AM - 26 Jun 2018
0 replies
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1 like
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