LAYERS 1 - Brave Move or Dangerous Gamble? 🤔👇

When considering investing in a Layer 1 cryptocurrency, it's essential to have confidence that the coin will function and be valued as an alternative currency by a diverse array of users. If individuals lack faith in the coin's immunity to tampering, control, or manipulation by powerful entities, they may not hold it as a currency but rather treat it as a speculative asset.

One challenge within blockchain technology lies in the constant pressure for reduced transaction fees, potentially diminishing the profitability of the coin itself and limiting its ability to generate significant returns or dividends. Consequently, other businesses may outperform and command higher valuations in the long term.

Michael Saylor's emphasis on the "currency" aspect underscores his understanding that, unless one operates a monopoly, tech businesses are susceptible to being overshadowed. Recognizing and prioritizing the currency aspect is thus crucial in determining the success and adoption of a cryptocurrency

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