3 ms·
if a cryptocurrency is backed by dollars, gold or anything else, it is not "intrinsically" worth anything, it is only worth anything because of what it is backe
by RugnirViking 5y ago
if a cryptocurrency is backed by dollars, gold or anything else, it is not "intrinsically" worth anything, it is only worth anything because of what it is backed by.
- nathias 5y agothat's what intrinsically means in this context, it's a dumb term but it is what it is