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Value is defined by the expected return on investment or equity. Since there is none in crypto, you're essentially buying into Monopoly money, with the assumpt
by keyle 5y ago
Value is defined by the expected return on investment or equity.
Since there is none in crypto, you're essentially buying into Monopoly money, with the assumption that it's going to get more popular and not less popular or disappear over time.
But make no mistake, to some people it's everything, to others it's a fartcicle. So it's roughly worth between nothing and what you can find an idiot willing to pay for it.