What is the Value?
We need to define the value before when we talk about the value of blockchain.
I think that there are two simple kinds of value.
- It can bring benefits to human civilization.
- Some people want it and pay a good price.
They are completely different, but they do not conflict with each other.
Things could be used those means to explain their value. For Examples:
Electric Power In my opinion, electric power brings benefits to human civilization. And normal people get it very cheap.
Hermès’s bag From my point of view luxury goods doesn’t bring anything to human civilization. But they are very very expensive.
SpaceX’s rocket I honestly think that the rocket brings great benefits to human civilization, and it is very expensive.
Current the article As far as I’m concerned, this article neither brings anything to human civilization, nor no one wants to pay any price.
If you ask me what is the value of blockchain now, I need to know which value is you asked for.
I will discuss each value of blockchain below.
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