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Even fiat currency has intrinsic value. The Zimbabwe bills that were inflated to hell and beyond, then replaced, which aren't even legal tender any more, still
by astrodust 9y ago
Even fiat currency has intrinsic value. The Zimbabwe bills that were inflated to hell and beyond, then replaced, which aren't even legal tender any more, still have value as collectible notes. You see them on eBay all the time for a buck or two.
Nobody will pay anything for your Bitcoin wallet if Bitcoin fundamentally fails, just as nobody will pay for your World of Warcraft gold when the pull the plug on the last WoW server a decade or two from now. It's just a bunch of useless numbers.
If you're "investing" in crypto, that is speculating, then fine. If you're thinking it's a safe and secure way to store money you're mistaken.