>...they are ONLY the value of 'getting everyone to agree they are this value'. This is true of all kinds of tokens. The real takeaway is that cryptocurrencies

>...they are ONLY the value of 'getting everyone to agree they are this value'. This is true of all kinds of tokens. The real takeaway is that cryptocurrencies are now so valuable that there are a plurality of individuals with over $100M, no taste, and no sense. This is a result of massive flows of money into the space. Fungible tokens are trivial replacements for large swaths of any financial system. There are great things going on adjacent to this sideshow.