Corinne Nita
Jul 12, 2021

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Bitcoin has first mover advantage, but in comparison to new tech the software is outdated. Bitcoin's value is derived from the ability to persuade people to hold onto their bits of coin and urge new buyers into the market. The only way to maintain growth is through promoting it, and creating demand/hype for anything will increase its value. Diamonds are a great example, but at least people can wear them.

There is no way to speculate a speculative market, and bitcoin's narrative is perplexing. The value of bitcoin will not increase unless more people buy in. Value isn't in the product - it's in the story, and it's so volatile most people will lose money. I really hope people separate their emotions from the excitement and think about the entirety of bitcoin. Be careful. xo

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Corinne Nita
Corinne Nita

Written by Corinne Nita

We need the social with the science to call it economics.

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