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Topic: What is valuable about the bitcoin nework? (Read 265 times)

sr. member
Activity: 368
Merit: 266
March 27, 2017, 01:20:48 PM
#1
I've been studying bitcoin for a long time now but I have no stake in the project. I've been following the forum for awhile but spend more time reading than posting. I am curious because I feel like people are missing the true value of the network. People tend to either be investors for profit and want to see the price rise, or investors whom engage in borderless exchanges whom don't pay attention to the prices, whom instead take advantage of its ability to reach larger markets.

I think that the network itself and its ability to bring about a diverse community of socioeconomic cultures creates a "social equity" that's unparalleled by any other technology. Bitcoin inspires intellectual, social, and economic innovations in a collective manner and I don't believe that it is receiving as much attention as it deserves in those areas.

What do you think?  Is bitcoin just a means to store and grow wealth? A medium of exchange? Both? Or, is the network itself worth more than the sum of its parts?
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