I know Bitcoin. Supply is defined by blocks every 10 minutes, supply is cut in half every 4 years and you can exchange your BTC for whatever you want, given that the counterpart agrees. Ive been in the space for +10 years, just saying I get this one coin but…
With Solana, I do not know much. Are SOL like bitcoin, to trade for goods and services? store of value? why would a SOL be worth 50 today and the same one 5000 a few years later?
tshnks
GM GM.
Would be a mega smart move for you to do my course. Free, fast, and takes you through everything step by step.
https://www.youtube.com/playlist?list=PL-NLevh5gXjkHH0PaeVamKM4gnGMhiG2h
The world likes speed and innovation. I’m older, and used dial up internet at 4KBs many years ago.
Now, if a website is not basically instant, I am impatient. I am not alone, and blockchains need to be fast, cheap, and easy to use.
Like a Macbook Pro (gifted to you as they are $$) on gigabit internet.
Solana does that.
The other big thing is people are tribal. The more tribal, the more attention. Democrats vs Republicans, soccer teams vs each other etc.
I am not saying that is good, but it is reality. The good thing is attention. Kim K is worth billions due to getting attention. Attention adds value.
Solana has Solana maxis, some ETH maxis using it, smart money, and it has people tribally against it. It is not irreverent, and irrelevance kills everything (eg EOS)
On top of that FTX and SBF messed up the space like a war. 1000s of projects, in addition to individuals, had their funds in FTX.
Those dark days are behind us, and these experiences are rare and build strength.
I have a price prediction video too, but like anything I ever say, it’s not financial advice it is purely education and opinion.
https://www.youtube.com/watch?v=glJ-F4bDb58&list=PL-NLevh5gXjmGTdJZ8HYho5D8mNw6QYfB&index=1