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There's no intrinsic value in Blockchain Tech. Numbers in a computer merely signify what you are willing for them to signify. In that sense, blockchain tech is
by simonblack 5y ago
There's no intrinsic value in Blockchain Tech.
Numbers in a computer merely signify what you are willing for them to signify. In that sense, blockchain tech is no different from fiat currency. That piece of colored paper in your pocket is merely a promise of worth. People can renege on their promises, either because they want to or because they are forced to.
So tell me, how many hamburgers have you bought with Confederate Dollars or Nazi Reichsmarks lately?