I was not active on hive for last few days, when I logged into my account I was astonished to see the trend of posts writing about the real value of the #POB token.
I checked my #leofinance account to figure out the value of #proofofbrain sitting at $0.301. I am not going to discuss about the charts but i definately want to express my opinion and second the opinion expressed by @vempromundo.
Few years back, in the year 2009, when bitcoin was introduced it was a concept. Nobody new where will it go. In its journey to gain acceptance as currency, it was associated with the #financialcrimes such as ransomeware and deep web related #cybercrimes.
But in spite of all the efforts to tarnish the image of the bitcoin, it sustained and now its on the way to cross $100,000 mark. #proofofbrain is nothing different. Its a new avatar of bitcoin with used case and monetisation methods.
Simple principle of economics tells a story that if the supply of all the coins is only 21 million then as more users and investors are attracted towards the platform, the demand for the coin is going to only go up from here.
When there is a limited supply, the prices never shrink in the long term, whether its land or whether its bitcoin. Since the year 2009, Bitcoin has given the year on year average returns of close to 256% on an annual basis.
#Proofofbrain which is similar to bitcoin in many ways could be the next bitcoin if the technology developments go in the right directions.