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Comment by gtlondon

This is a good point, however the volatility is primarily that the space / projects are so new.

The economic structure of each project varies, however most are designed so that if they are used for the utility they offer then they will have a price > zero.

Due to the fixed number of coins in circulation the value should rise in some relationship with increased adoption & time (time due to deflation)

Probably only a handful of coins will be used for B2C commerce. Notable other utility includes:

> Decentralised storage (currently much cheaper than any company can offer)

> Supply chain tracking

> Website monetisation systems (without needing ads)

> Smart Contracts

> Create your own blockchain (backed by existing decentralisation)

In summary: if it's used then a project should succeed.

parent gtlondon 8 years ago

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