Re:Coinbase to go public on 4/14
by endisneigh on Friday April 02, 2021 @03:15PM
(#26674907)
The euro doesn't have a fixed supply so your comparison doesn't make any sense to begin with. A better comparison would be like a tree that produces fruit. Once you're at the maximum amount the tree can ever produce why wouldn't you harvest? There's no longer any reason to wait.
An actual use case would be If I am a drug dealer using XMR or BTC to buy and sell my stuff, even if the growth slows down, I can't switch to another coin unless the market does too.
Big amount of BTC trades happen in exchange for goods and services and often time switching coins isn't an option there.
Without the dark web markets since The Silk Road in 2011, and now Tesla and big legal companies, coins would have no real purpose to exist. The hype alone isn't enough to keep them all this time and dark web markets aren't quick into adapting new coins each time. Many have ditched BitCoin to Monero only because of the privacy factor, not growth.