Re:Crypto’s Final Price Could Be Zero
by toomuchtodo on Tuesday November 29, 2022 @11:51AM
(#33789965)
Own assets people need. It’s a pretty simple investing philosophy.
Crypto doesn’t produce anything, nor can you buy anything with it you can’t buy with fiat except perhaps drugs online. What’s the value of magic tokens whose speciality is avoiding monetary controls for illicit goods? No one needs crypto (macro scale), so why would you buy it? Because you hope a greater fool comes along.
Crypto doesn’t produce anything, nor can you buy anything with it you can’t buy with fiat except perhaps drugs online. What’s the value of magic tokens whose speciality is avoiding monetary controls for illicit goods? No one needs crypto (macro scale), so why would you buy it? Because you hope a greater fool comes along.