It always seemed to me that investors who believe in bitcoin startups but don't invest in bitcoins themselves are buying into the concept of a cryptocurrency an

It always seemed to me that investors who believe in bitcoin startups but don't invest in bitcoins themselves are buying into the concept of a cryptocurrency and what its infrastructure makes possible. In other words, they're not in it because they think bitcoin's value vis-a-vis the US Dollar is going to increase, they're in it because they believe that cryptocurrency is here to stay, and when bitcoin's price stabilizes and its use becomes mainstream, then the startups they invested in will be in a leadership position in the marketplace. It would be like investing in banks while not hoarding cash.