invest into businesses

in #life3 years ago

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.

Of course, they can look at it only from the point of view as a store of value thing that will go up in price - but this will always tie Bitcoin to the amount of money that can be pushed into it from fiat currencies. Meaning, that the people who will benefit the most from Bitcoin, will be the ones who already have a lot of Bitcoin or, have enough wealth to put into Bitcoin at this point. We are seeing the corporations and institutions starting to do this now.

Altcoins however, serve a largely different purpose than Bitcoin, as they are more practical in nature, even though there isn't a lot of "use" for many of them at this point. I see them as more of a bridge kind of token, where they are able to attach real-world activity to value, whilst maintaining security through code and decentralization of ownership, as well as reducing the cost of "doing business" itself, by cutting out unnecessary rent-seeking middlemen. It also provides ownership of value and brings a high degree of mobility to individuals who might not otherwise have the opportunity.

But, what I think is a huge part of the alt story, is that it allows for almost anyone, anywhere, to invest into businesses and projects to provide liquidity for them to build upon, giving stake-based share ownership in numerous ways, with the potential for very large returns on investment. But on top of the returns, it allows for us to pick and choose what we are investing into in ways that many have not been able to before, which fundamentally changes the way in which value flows through the economy, increasingly taking more into private hands and out of the grasp of government, bank and corporation directly.