Solana (SOLUSD)

[Monksdream]

There are basically three ways to view the Bitcoin, as well as other forms of internet money such as Solana

1. It is a medium of exchange for goods and services, which makes it no different than fiat currency
I can pull cash from my dirty jean pocket to buy a Snickers bar at a convenience store or I can do the same by swiping or inserting my debit card issued by my bank. Regardless, I am using money to pay for something.

2. Internet money can be viewed as a commodity in the way one trades futures and options contracts hoping to profit from a change in the price

3. Internet money can viewed as a security in the usual way one views a security in how it represents ownership of an asset that one hopes in the fullness of time will appreciate in value

It is the third view that is the most popular. A small percentage of the planet's inhabitants may use it to purchase goods and services. A small percentage may wager on changes in price discovery by trading futures and options contracts. In the great scheme of things, most people want to invest in internet money with the idea of selling the investment to someone at a higher price. That simple.

Maybe the Solana internet money has seen its bottom and it's all up from here forever and a day.