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...all the attention and people buying it hoping it will increase in value is exposing a lot of people to it that otherwise wouldn't have been. It's helping it
by moheeb 14y ago
...all the attention and people buying it hoping it will increase in value is exposing a lot of people to it that otherwise wouldn't have been. It's helping it grow much faster.
I feel like the same thing happened with Beanie Babies. Look where they are now. Is that a good thing?
- Houshalter 14y agoBitcoins actually have a use though, as a currency. Beanie babies are only valuable because a few people want them for... well however they find value in just owning beanie babies. Bitcoin has a networking effect. When more people use it, it becomes more valuable simply because there are more places to use it or get it. And that creates more users of it still.