Post
Topic
Board Economics
Re: Why is it always about price?
by
avikz
on 28/04/2022, 19:02:51 UTC
Why is it always about price?

Why should it not?? I mean what's the problem in that? Have we reached to a stage where a person can fully live on cryptocurrencies alone? I guess not! So what's the problem in talking about price points? It makes sense from a real world perspective and you can assume your wealth based on a standard parameter. That's what everyone wants. Price point is the biggest factor for any cryptos. The transaction volume and blah-blah-blah doesn't really matter if a price of a coin reaches to zero.

Why do you think stablecoins are so successful in crypto market? It gives the convenience of a standard parameter like fiat and security like crypto. If you remove the price point from a cryptocurrency, nothing else will be strong enough to hold its ground.