Why Is Utility Not Always Valued in Cryptocurrency? episode artwork

EPISODE · Jan 8, 2021 · 30 MIN

Why Is Utility Not Always Valued in Cryptocurrency?

from Digital Cash Network · host Joël Valenzuela

Like any technology or business, cryptocurrencies are supposed to be useful. The thought is, if something solves real-world problems for people cheaply and efficiently, the market will reward the technology by valuing it in the market over competitors which are objectively less useful. It doesn't always seem to turn out this way however, with some of the best projects buried at the bottom of market captialization charts, while inferior competitors are at the top. Or maybe, is there something we're missing? I'm breaking down why it actually makes sense that your favorite cryptocurrency isn't valued higher. Donate - Sponsors Thank you so much for listening! Please leave a tip if you enjoy the content, either here or via any of the cryptocurrency addresses in my CoinTree link. You can also send a message with a CoinTree donation. I'd love to hear from you! Thanks to my recurring donors both anonymous and otherwise! - https://cointr.ee/thedesertlynx Support us by checking out our sponsors! Want to live on crypto? Create a Bitrefill account with the coupon code “DCN” and pay mobile bills or buy gift cards from more than 1650 businesses in 170 countries quickly and privately, and earn rewards. - https://www.bitrefill.com/buy/?code=DCN Buy anything you want in the world, even rare items, with crypto by using ShopInBit’s concierge service. - https://shopinbit.com/en/conciergeservice-ordering-service?sPartner=joel If you're tired of YouTube and other platforms censoring and demonetizing creators, what are you waiting for? Join Odysee! - https://odysee.com/$/invite/@DigitalCashNetwork:c Protect your privacy online, sign up to NordVPN with the promo code DCN and get 68% off, plus an additional month free! - https://nordvpn.org/dcn If don't want search engines like Google controlling your search results and selling your information, join Presearch and get paid to search! - https://presearch.org/signup?rid=865012 Music from https://www.zapsplat.com

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