There is NO END STATE There is NO DESTINY This does not have to be THAT ONE SINGLE THING This is TECHNOLOGY and will evolve till infinity. Convergent properties of the system will emerge.
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No it’s not weak. And there are many network effects not just customer.
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Customers, Investors, Retailers, Hodlers, Funds, Engineers, Decentralized Entrepreneurs, dApps... can all switch instantly...
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Add regulations, market awareness and institutionalisation to it. Moving all these together will only break the network effects. That by no means is easy.
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I think the reason BIG institutions and even Central Banks themselves AREN’T buying in big SIZE yet, is because it’s unclear who the big winners in the long-run will be... Even the experts can’t say for sure...
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That’s the best part, else Experts will take advantage. It is a lot beliefs based as well.
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Also call me crazy but I feel that a real crypto should be A LOT more private... Bitcoin is devastatingly transparent... In some ways its an ideal dystopian currency... Double-digit millionaires (can really move markets) from China, India, Russia want privacy guarantees...
End of conversation
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