Defining VALUE today.
In our new world of cypto currency, there are consequences. First there is less poverty- this changes what is valuable to people.
Value Today/ In Future
Personally, i think value will come from time spent with special people.
I think gold will become an old relic. what would people who have their basic needs met need gold for??? The people have decided now that they value cryptocurrency as a store of wealth and it has attributes similar to gold
- it has scarcity
- it is difficult to mine
- it is a form of currency-that is accepted
...Among other things. It is better than fiat currency because it can not be printed and usually has a fixed supply. though there are some cryptos that get printed out of thin air such as steem -i think so, corrrect me if i'm wrong here. i think there are some others that do as well. so as an investor you might want to look at that aspect of a token.
Not taking a jab at steem though , i am an investor-obviously, and a long term one.
What about real estate? Will it still be a dream accomplishment or is it no longer too valuable because more people will be able to afford a place to stay?
The next question is how will limited resources be managed?
echowhale just wanted to swim by and drop off your up vote.
Send @echowhale between 0.20 - 1.00 steem/sbd and receive an up vote worth more than what you sent.
Disclaimer The only content we here at @echowhale up vote is content that is original and follows the steemit community guidelines and rules.
Thanks @echowhale. I will make a blog about you. you are a good investment and more steemians should use you.
Thank you for your support !!
Seriously I started believing in crypto currency the first day I mined $50 worth of Bitcoin from my PC just using my laptop. That Sam $50 is now a $350 worth... they said it's bubble ...hell no... in bubble I still made good returns
I think if it is a bubble, it is still beginning to get inflated and a long way from a pop. so i'm definitely in for the long run. i also believe that if it does pop, it wont be long before prices run back up as many people will want to get in at a "deal".
Congratulations @leggy23! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP