You are viewing a single comment's thread from:
RE: Which Cryptocoin Could Overthrow Bitcoin?
I am hearing good things about the bitshares decentralized exchange. Personlly I have struggled to use it. It just seems complicated and confusing. I haven’t given up. I will master it.
Would you be able to explain from an investment standpoint the link between the bitshares token and the value of the exchange?
From an investment perspective, the value of BTS will rise as more companies use the platform to create DACs and UIAs. Each time a transaction or operation is performed a network fee is paid. Nine time out of ten the fee is paid in BTS. Therefore, these new companies will need to stock up on BTS in order to continue operating their autonomous businesses. This will increase liquidity and demand which equals a higher price point for BTS.
In addition to this, if CEXs are shut down due to stringent regulations then investors only have three options. First, exit all positions and no longer invest in crypto. Second, use P2P services. Third, start using a DEX which can't be shut down. I believe the third option is the most likely choice, but usability needs to be increased before mass adoption can take place.