So, are bitcoin businesses really that important to giving value to bitcoin? If not, then what does give it value? Like I said, I hope someone can clear this up for me. Thanks.
Each conversion costs a fee, even if to other crypto currency as the sellers try to hedge their risk. (Buy/sell rates are never the same = a cost).
In other words the real value added is cutting out the middlemen increasingly more.
Once the process is completed all those fancy banker buildings, cars and their hot mistresses will be up for grabs.
Tits for everyone! Value explained?