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RE: Golem Coin (GNT): B+
The value of Bitcoin is indeed only brand. On the same note, the value of brand is huge. Bitcoin leads the charge in making cryptocurrency mainstream. Every other coin benefits from Bitcoin, which is one of the reasons why I think perceived competition between coins is greatly exaggerated.
I'll believe in competition when a clear victor is established between two "competing" coins. One coin would have to absorb another coin's market cap.
That brand is >50% of all crypto, it's a 9 year old brand and yes it's leading the charge, but us in the know hope it will itself evolve, if not, the technology will keep moving on brand or not. I'm sure there were great brands during the start of the office age like Kodak, industrial age, heck probably even during the stone age.
myspace and friendster still exist today but as a shadow of it's past self, you can be assured a majority of their prior and possible 'cap' aka user were absorbed by faceBroke, instaSelfie, useTube, and the likes.
Economic theory gives us a clue of wealth expansion when new equity is created, but note, until and unless interoperability exist between fiat, goods, services, and and technological boundaries broken, abundance will trickle and be stifled, we will see it flow when some key pieces of the puzzles start to fit in.
There will be overlaps of winning formulas like how faceBroke co-exist with useTube, but don't doubt the existence of competition.
Great Brands....But They Only Last an Age
hope the pickie i added enhances your post :)
I'll take the Rocket Gun please. lol
Good choice:
That will be $8,500 for that collectible, payable via
** price of Steem in the turn of the next decade