Why Bitcoin Eats Altcoins For Lunch

Since money is a winner-take-all, network effect–driven good, individuals game theoretically converge on bitcoin as a Schelling point due to its specific properties and characteristics.

Instead ETH is “pitched” as a promise to be useful in a variety of different applications.

The market cap of $BOMB is $3 million.

ETH must continue changing and promising more applications and usefulness otherwise why hold the token? The hope is simply that it becomes more scarce and more in demand, forever.

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