You ask jokingly, but the serious answer is that there's an actual scarce asset behind it. Sort of like Bitcoin ;) Whether the scheme artificially inflates the

You ask jokingly, but the serious answer is that there's an actual scarce asset behind it. Sort of like Bitcoin ;) Whether the scheme artificially inflates the value of the asset remains to be seen of course. I feel the fact that the contracts usually only last 2 years or less really takes the sting out of the risk of collapse, but I'm no economist. Also if it's been going on since the 80's, that means it's been going strong through 30 years of turbulent economical climates.