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I'm not disagreeing with you. But a funny note: You, as an investor are logically positive about this. Cause you want more poeple on board. Whether cryptos ar

by TeeWEE 6y ago

I'm not disagreeing with you. But a funny note: You, as an investor are logically positive about this. Cause you want more poeple on board. Whether cryptos are a fad or not is based on believe. If we believe cryptos are worthless their value will drop. Same for real currencies. However stable countries have monetary systems to fakely keep the value stable using financial instruments. The question is: is that a good thing?

Barrin92 6y ago
>Whether cryptos are a fad or not is based on believe. If we believe cryptos are worthless their value will drop. Same for real currencies The value of individual currencies is based on trust in the institutions backing those currencies. The value of cryptocurrency as a technology (and currency in general), is not based on belief but on their real world utility, i.e do they function in some general way to satisfy some real need. (Exchanging value, storing value, and so on). If crypto-currency can solve all the issues it has concerning speed, stability and so on it might be there to stay, if it can't it's just going to exist on the fringes.