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/biz/ - Business & Finance

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7761114 No.7761114 [Reply] [Original]

How does the price going up from market speculation help crypto win again?
Wouldn't winning be making the technology more accessible, creating incentive for more merchants to adopt crypto and encouraging people to spend it at those merchants instead of holding on to it until they retire?

>> No.7761160

I just want to convert it to Fiat, I don't care if this shit dies.

>> No.7761229

>>7761114
You could say that price going up means the developer's funds are worth more, giving them access to more resources to improve the quality of development. Can't focus on programming if you're worried about money.

>> No.7761239

>>7761160
>why crypto is going to 0: the post

didn't help that the tech is useless tho

>> No.7761281
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7761281

>>7761229
Why wouldn't they just start up a business and raise capital on the stock market then?

>> No.7761459

>>7761281
because the barriers to entry are way higher

>> No.7761487

>>7761281
There's lots of different fundraising options: issuing stock,bonds, taking out a loan, etc. Selling tokens has been the most effective fundraising method lately.

>> No.7761555
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7761555

>>7761487
Crypto has been around for a decade now.
I went to the grocery store yesterday. It seems there was still no option for crypto at the checkout machine.