Post
Topic
Board Altcoin Discussion
Re: Ethereum as a store of value coin.
by
CryptoBry
on 29/06/2018, 05:55:57 UTC
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

Any cryptocurrency or token can be used as a store of value and utility token at the same time, actually. And in a normal market, there will always be differences on how we are using cryptocurrency. The reality is that in today's cryptocurrency dynamics, people are more often than not using cryptocurrency as a store of value or as a tool of investment rather than the other way around. There is the question if cryptocurrency can be more valuable and can have greater market if they are used in our everyday lives and I think that this can be true and for that to happen there must be a good and reliable infrastructure that anyone can use. Anyway, the cryptocurrency story is still relatively young and it is actually just developing soon a time when come when it can be more mature a different picture can then be emerging as to its use and function.