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Maybe bubble implies that the asset or resource has some actual value but the value was being over inflated. Do cryptos have any real value?
by 2muchcoffeeman 8y ago
Maybe bubble implies that the asset or resource has some actual value but the value was being over inflated.
Do cryptos have any real value?
- vertex-four 8y agoMoving money around without an authority to stop you does have value. The question is whether that value is very high at all - in current society, probably not, and in a futuristic society I’d hope we’d develop trust mechanisms that don’t require the expense of total global order to move money/tokens/whatever around.
- krrrh 8y agoIt’s an open question how the value of the infrastructure for doing this would be determined. Ideally the infrastructure would approach zero in cost and the value would be preserved for the participants in any transaction, not the rent-seeking hodlers.
- hndamien 8y agoHodlers don’t extract rents.
- r00fus 8y agoZero-point energy bubble.