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RE: Blockonomics: How to Be a Speculator
At the end of the article, you pose the question of building "long-term, sustainable, value?". Some of the blockchain-based applications you mentioned such as Steemit and Storj have already proven themselves to be useful technologies, so do you see these cryptos as a potential source of long-term, sustainable value? Or, would you say that all cryptos on the market today, including Bitcoin, are too early in their life cycles to be considered a non-speculative investment?
Good question. I think there will be speculation among these asset classes for while regardless of their utility. In-use networks are already proving their utility, however, and I think this sets them apart from other crypto's that barely have a proof of concept or worse.
cheers,
Mason