3 ms·
The only other asset class whose value is greater than it's practical use is gold. Even silver is losing that status. In the last 10,000 years many things have
by cheriot 3y ago
The only other asset class whose value is greater than it's practical use is gold. Even silver is losing that status. In the last 10,000 years many things have been used as a store of value, but the only one that's maintained it is gold. Wars, famine, and whole civilizations falling have not dented humanity's faith in gold's value.
Will bitcoin and ethereum be the next gold? I don't know, but seems like a big assumption and more a question of mass psychology than finance.
Ironically, I suspect the worst thing for crypto is not being in the news at all.