Well said. But look at how Steem has lost its value over time, as Bitcoin had
made gains. It seems that the through put of a crypto-currency and its price are negatively correlated. Why is that? Could it be because of network effects, the most primitive crypto-currency, Bitcoin, has all of the users that are transacting values over $5. Golos is similar to Steem and its whole marketcap is worth-less than an a single two-bedroom apartment in North Vancouver.
Well said. But look at how Steem has lost its value over time, as Bitcoin had
made gains. It seems that the through put of a crypto-currency and its price are negatively correlated. Why is that? Could it be because of network effects, the most primitive crypto-currency, Bitcoin, has all of the users that are transacting values over $5. Golos is similar to Steem and its whole marketcap is worth-less than an a single two-bedroom apartment in North Vancouver.