4 ms·
> Crypto represents nothing and is backed by nothing other than sunk-cost. Maybe sometimes. However, if a token is used to pay for blockchain services (such a
by legutierr 5y ago
> Crypto represents nothing and is backed by nothing other than sunk-cost.
Maybe sometimes. However, if a token is used to pay for blockchain services (such as shared-compute and -data services), the value of the token is at least in part based on the value of those services.