Would you be willing to make a friendly wager on whether it returns bigger than ever? My ten dollars says it will within, say, two years. What do you say?
Considering the downvotes I got, I suppose I was out of line suggesting a wager, but I've yet to see convincing evidence for why blockchain tech can't work. Sure it's overhyped way beyond what it deserves and it hasn't found its "killer app" or niche yet, but that doesn't mean it won't.
Nano's my favorite coin. It's fee-less, near-instant, and secure. Its largest flaw (and one all coins share at this point) is its tendency to fluctuate in value. But this problem is soon to be overcome by stable coins. Once that's done, its only remaining disadvantage will be lack of adoption. And if the product's right, I don't see any reason why a superior product won't gain market share given enough time. And it's not like crypto is under some investor enforced deadline to reach a certain market share, it's got all the time in the world.
Anyone care to point out any flaws in my thinking?
As to your questions, you can spend it some places. I think newegg takes it, Valve used to take it with Steam, etc. There are corner delis who take it, I'm not sure about yours. Your employees may be ok with you paying them in it, but that's an agreement you have to have with them.
To your last question -- no, I wouldn't think so at least for now.
I say you buy $10 worth of bitcoin and promise not to sell for 2 years. I'll stick $10 extra in an index fund and not sell that for 2 years. There, now we've made an implicit wager with each other and this way we won't have to reconnect in 2 years to work out exactly who won how much.
