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Coins only have value if people accept them as valuable. The userbase ultimately decides whether or not they would accept payment via a certain coin. If the us
by Taek 9y ago
Coins only have value if people accept them as valuable. The userbase ultimately decides whether or not they would accept payment via a certain coin.
If the userbase is not interested in a coin, it will not matter how much hashrate is behind the coin, or how many figureheads try to prop it up. That coin will not have value.
- _nalply 9y agoI imagine an user who gets some coins and he will say fuck it, I keep them. Aaaand the coins have value.