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Re:Funds of every Trust Wallet browser extension could have ... by tremon on Monday May 01, 2023 @10:01AM (#35772887)
Because the community believes their value will outlast the currency system. People have believed the same thing about tulips, peppercorn, wine, and buildings (or rather, land).
Re:Funds of every Trust Wallet browser extension could have ... by Robotbeat on Monday May 01, 2023 @10:26AM (#35773216)
Well there’s residual value in metals as you can build stuff with it. Agree that the vast majority of the value of precious metals is contextual, but I guess you can appeal to human’s love of shiny stuff plus history, beyond just community context.
Re:Funds of every Trust Wallet browser extension could have ... by codedokode on Monday May 01, 2023 @11:03AM (#35773771)
Land is still very valuable today, especially if it is a land in the center of a city.