A Dollar And A Dime Value
What is necessary for Bitcoin to have mass adoption?
What is the true value of Bitcoin?
The answer: People and businesses have to use the system and
the base formula for the intrinsic value of any income producing asset is
(VIR) Value = Income / Rate. All of capitalism operates on this formula.
Ultimately all ‘cryptocurrencies’ will have to address this basic equation or go into oblivion.
Miners and validators need rewards and fees or they are gone. Mining rewards are halving and transaction fees are high.
People and businesses, merchants and customers need ease of use and reasonable fees or they won’t use the system and will go somewhere else. Transaction times are slow and transaction fees are high.
Lower Fees require Scale allowing more transactions at lower cost with greater income.
Scale allows utility were businesses can invest and build systems that generate more transactions generating more fees and greater income.
Utility creates diversity generating more business use, more transactions, more income, and needs a stabile protocol to build on.
Stability is a foundation that doesn’t move easily that people and businesses, merchants and customers can count on, build on, invest in, and use.
Without Net income all businesses ultimately fail.
If you want to know the evidentiary value of a coin look at how that coin solves these issues. That is the coin that will have mass adoption. That is the coin that is not speculative. That is the true value of the original
#Bitcoin #BitcoinSV #BSV.