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RE: Thanks to steem, I went form 14 bitcoin to 120 bitcoin in 2 weeks
I have to agree I overlooked that experience does have a value. However, diversification can also be about a vote of confidence for multiple technologies/platform. But I guess that might still be construed as fear, be it the fear of losing it all or the fear of missing out...
In terms of "vote of confidence", I think bitcoin is a great store of value and steemit is the first application that onboards non-crypto users into crypto, beyond that I can't say I'm confident about anything else in crypto.