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RE: Crypto Analysis Series - Part 7: New Economy Movement
Okay, it seems like a lot of blockchain/ cryptocurrency tokens are popping up with various uses and specialization.And NEM is one of them. I just want to know: is it sustainable? on the long term, will it be practical considering that there are people out there who are continously developing their own block chain system? will it be adapted by the mass? if so, how will it be done?
Hello @nurseanne
You put forward some really good questions. Questions I should’ve addressed in the post myself.
On paper, the only things stopping NEM from sustainable growth is its ability to market and advertise itself. In the past, NEM has been seen to not be up to the mark, when compared to other competitors.
And when talking about adoption, I’m sure NEM will find it’s away in some use case or the other as we live in an era of capitalism. Nothing works without competition. And in that sense, completion is good.
Thanks for the valid questions.
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