Forwarding this conversation from the BSV discord, cause th…

Forwarding this conversation from the BSV discord, cause this needs more people to see this:

Zach: guys I’ve hold BSV for 3 years
The price now is lower than I bought
I have lost a little confidence in BSV.
For my opinion the price is everything if the price is up then it’s a good project and it’s real bitcoin
But the price never went up

TeamDope: welcome to the club @ Zach

Marn: BSV is not like stocks and shares. All you own is the coin. You do not own any of a company, or get voting rights etc. Nor does a company gain from your investment. The success of a project is based on its utility, not price. If anything you could argue a low price helps, as there is a lower barrier to entry. I’m not saying price doesn’t matter, I think it does, but maybe not for the same reasons.
So far in crypto land, I would say every single coin has failed. Including BSV and BTC, not one has proven real utility, or disrupted anything. BSV can maybe change that, maybe not. It is however the only one with a realistic chance.

Me: As with anything, in the early days, competition is very high, and there is no one person on top. Eventually, a winner comes out, but other options exist.
Two good examples are phones and VR. Smartphones in the very early days were unpopular, and there were loads of options. Once Apple joined the market, they fought tooth and nail to be that winner, and whilst Apple doesn't have over 50%, they came out as the winner as the single biggest manufacturer of smartphones.
Similar with VR, Meta has come on top, by a combination of making the right purchases, being early to the consumer market, and luck that the competition was poor, eg. Apple, was really bad at making VR headsets for the average person.
Crypto and AI are the two platforms that are currently in this early stage phase. BTC is already coming out as the reserve currency, with many countries getting BTC as part of their national reserve. BTC's low block size adds to its scarcity, as there isn't much you can do with it apart from moving it around due to the high fees. Actual usage however is poor. Lightning Network tried, but it showed that most people don't want to use the Lightning Network, since in most cases, that meant going with a centralised wallet (defeating the point of Bitcoin) or paying through the roof to open your channels.
However, no actual "daily usage" chain has come out on top. It is clear that BTC is not going to be that chain. It could be an ETH L2, however this is far too confusing for the average person. It is starting to come out that stablecoins are the way forward for global adoption, as they are easy to understand, however no chain has come on top for this. Most people won't buy another coin just to move their money, which is where I believe that chains that make it easy to implement tokens that don't need a gas token will come on top. MNEE does this today. MNEE is early and if larger companies deploy stablecoins on BSV, it might not stay around. But who knows the future...