One thing I can't understand with Cryptocurrency is why coins that enable what a project is for (eg. Ripple for payment transactions) is an investable asset. I'm hoping someone can give me their thoughts on this. Also interested in any other articles or podcasts that discuss this topic.
With Bitcoin the digital gold analogy makes perfect sense to me, and even with Ether because it enables other coins and projects underneath it that makes sense to a degree- but wouldn't it be detrimental for most projects to have an expensive price per coin if you are trying to create a stable market for projects to be built underneath it? You have those with an investor mindset wanting the price to grow and then others using it as payment to enable other services having to deal with the volatility.
Aren't these forces completely opposed to each other? Don't projects have to favor one over the other?
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