How Crypto Currencies can become more valuble to Humanity

in #crypto7 years ago

If you are not aware of the definitions of money vs currency I would recommend the Hidden Secrets of Money video's by Mike Melony. I think Gold/Silver are useful for storage of value and goldmoney.com is a good way among others to make PM's good currency.

 For the sake of argument lets agree that we don't know if any of the Crypto will be determined by the marketplace to be money.  I think we can all agree they can be used as currency for the purpose of transactions.  I believe that the best way to determine the value currency is by how well facilitates transactions.  If you want to help a currency one way to do so it to transact with it.  If you purchase for the long term you can think of it as rewarding the creators/early adopters of the digital currencies and may share in the long term reward if they provide real value to humanity.   If they don't meet this general test I believe they will end up as a foot note in history.  I prefer proof or work over proof of stake so you can guess what coins I prefer. In the end money needs to have a generally stable or know population and value.  Love is the glue of life.  

Blessings,
Charles

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