[jondubois]

The business potential for this one is much greater because people who own cryptocurrencies are incentivized to use it over alternatives.

If you own shares in a business you're less likely to use a competitor... That would be like shareholders of Pepsi drinking Coca Cola or Apple shareholders using Samsung tablets.

That's the reason why cryptocurrency will take over; it lets everyone be a consumer of the goods and services of their own communities which they have a stake in.

Every time you buy something with a Cryptocurrency using income you derived from your fiat day job, you drive up the price... So if you own crypto, buying stuff using crypto helps to drive up the price. It's a bit like Amway but everyone is going to be in on it.

[phpnode]

> It's a bit like Amway but everyone is going to be in on it.

Is this supposed to be an endorsement?

[jondubois]

Well all public companies are a bit like Amway in the sense that they have a lot of stakeholders which have an incentive to help the company grow. Amway is a very successful business after all.

I'd say that cryptocurrencies are more ethical than Amway though because they don't try to make a profit by selling starter kits.

[JimDabell]

> The business potential for this one is much greater because people who own cryptocurrencies are incentivized to use it over alternatives.

People who own cryptocurrencies are a tiny sliver of the market, so why is the business potential much greater? And if this were such a key differentiator, it seems trivial for AirBnb to nullify it by accepting cryptocurrencies without changing a thing about the way they operate.

[CPLX]

> It's a bit like Amway

Nailed it.

[icebraining]

That would be like shareholders of Pepsi drinking Coca Cola or Apple shareholders using Samsung tablets.

Why would you think they don't do that? The only Apple shareholder I know uses a Samsung laptop and phone. Being a shareholder has nothing to do with your personal preferences.