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Soybeans (and most other assets) have inherent value which gives them a price minimum, but not necessarily a price maximum. Crypto has no price minimum (0 I gue
by CapmCrackaWaka 4y ago
Soybeans (and most other assets) have inherent value which gives them a price minimum, but not necessarily a price maximum. Crypto has no price minimum (0 I guess, at which point returns are incalculable) and no price maximum because it has no inherent value.
My entire point is that crypto is a unique asset class, so I think it’s here to stay as long as there are people willing to speculate.