The Alt Thesis

https://twitter.com/gautamchhugani/status/1230208981294931968

- gautamchhugani

I introduced a friend to Bitcoin. She bought at 7.2K. I never prompted any Alt coins based on her risk profile. Today, she bought some $BNB on WazirX without any nudge. What do I say? People self discover Alts. They relate to certain teams & brands they admire.

So this is something @aggroed talks a lot about for the bull-run-to-come. As bitcoin increases in awareness, people will come in a see a sticker price of $10,000 or $20,000 or whatever it is at that time, some of those people will look for alternatives.

And as that money flows into alts, like STEEM for example, prices rise.

I think there is some truth to it, but it's all predicated on the bull-run-to-come. I'm about 60% convinced it will happen.