[Salgat]

Unfortunately most "investors" aka gamblers aren't pushing coins with the best tech, but rather the coins that are most deflationary (and using the tech as sexy marketing to hook people in). Unfortunately deflationary coins just encourages everyone to never spend on actual stuff, simply hold onto it till they can sell it off to some other investor.

[bingbong70]

People are looking forward to an economy that revolves around a deflationary/limited-supply currency like Bitcoin so, for example, excess housing supply doesn't get wasted for the sake of speculation/inflation-hedging. People looking to protect wealth would liquidate as many assets as possible for Bitcoin to achieve the maximum passive return and not hold underutilized assets on their balance sheet.

Have 3 houses and only live in 1? The fact that your houses are losing value in Bitcoin terms will push you to sell if wealth preservation is the goal.

[eli]

Most investors in Bitcoin are looking for a quick buck and nothing more.

[eli]

Gives buyers too much credit for strategy. “Meme potential” matters more than anything in a white paper.