No i don't invested in the due to the money only, i was bought business, new innovation, or something solutions on digital currency, investment in the ICOs are mean i am becoming an investor, it is based on the fundamental of projects and for long time investment, i don't think invested in ICOs it just for the money, i am thinking about the money just in trading altcoins activity ( short term investment in trading is not on ICOs projects).
To be honest, I am collecting
Bitcoin just for the benefit of the money generated. I'm not sure about the true value of
Bitcoin, I just use the rising
Bitcoin price to benefit from the investment.
Some people collect
Bitcoin because they believe that
Bitcoin will be the most influential currency for the future of the world. Some say that
Bitcoin will be a tool of transactions that replace cash. But I do not think that far, now I just take advantage of the benefits that can be obtained from the
Bitcoin price alone.
Good and valid point. I'm pretty sure that a substantial majority only buys into Alts to earn more Bitcoin.
But that is Bitcoins one big thing, isn't it. Other currencies are about, I don't know, managing parking spots, decentralized Internet, white hat hacker markets and so on, but Bitcoin is, first and foremost, a value storage and transfer tool. That's all there is. Therefore, being in Bitcoin "just for the money" is exactly what it is about, not to mention, that you have to believe in Bitcoins success, at least in the short term. Otherwise, You wouldn't put your hard earned money at stake, right?
Even those seeing Bitcoin as the future while traditional monetary systems will eventually fail, are "in it for the money", because they are looking at protecting their savings in a way that they deem right.
TL;DR:
Being in for the money isn't a bad thing, because mostly, this IS about the money.
But:
On the other hand, I see a lot of use cases dismissed, because it is not viable to have a monetary system associated with them, such as private blockchains, really good digital identity solutions, social networks and so on.
I see a danger here of companies taking over these sectors, eventually cutting off private efforts (be it by patent trolling or just overpowering media presence). This would be a pity, because non-monetary blockchain technology is a huge field with immense potential. Sadly, the fact that there is no short-term gains to be made prevents it from entering the limelight.
This is where the blockchain community runs short and doesn't realize, that a huge sector remains uncharted. This is especially aggravating, since blockchain technology relies heavily on non-profit oriented projects; Linux as an OS is a common choice amongst blockchainers, for good reason. The same is true for the whole opensource spirit as a whole, which is absolutely essential for crypto and blockchain technology.
TL;DR (II):
By focussing on money making, the blockchain community misses a huge variety of blockchain applications, leaving the field to well-funded, established and profit driven companies.
