Now that we know what drives the price of BitCoin... I have a question that perhaps others will want to know the answer to as well. What will drive the price of LociCoin?
I think the price of LociCoin will increase as more and more inventions and ideas are registered on InnVenn and as Loci provides more products and services in the future.
I think i read that when Loci sell a group of ideas, they will only except Loci Coin as payment. This will help the supply and demand.
Yes this might raise the value of the LociCoin but at the cost of losing potential customers of InnVenn who would prefer not to use coins to do business with them?