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So in that case only capital from the elite can flow into cryptocurrencies, but not be used by consumers for transactions? Edit: Wouldn't the lack of general c
by otp124 9y ago
So in that case only capital from the elite can flow into cryptocurrencies, but not be used by consumers for transactions?
Edit:
Wouldn't the lack of general consumer transactions ruin the economic viability of most tokens? If so, then there is definitely a case for a bear market.
- dnautics 9y ago>Wouldn't the lack of general consumer transactions ruin the economic viability of most tokens? If so, then there is definitely a case for a bear market. That argument could apply to many high end and luxury goods, yet there are plenty of companies existing in that sector.
- AndrewKemendo 9y agoWouldn't the lack of general consumer transactions ruin the economic viability of most tokens? Yes.