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When I hear "intrinsic value", I these days want to talk about what exactly this is. Cryptocurrencies are an important invention, and it looks like it needs to
by avmich 2y ago
When I hear "intrinsic value", I these days want to talk about what exactly this is.
Cryptocurrencies are an important invention, and it looks like it needs to go through the period of when many don't know what to do and how to deal with it. Reminds me electricity in XIX century.
- airstrike 2y ago> Cryptocurrencies are an important invention I don't think we know that for sure just yet
- mingus88 2y agoIt’s a novel invention but at this point I still don’t see how it’s anything more than a speculative gamble I stayed away from bitcoin early on because I didn’t understand the fundamentals. I spent too much time reading about P/E ratios and frankly don’t really see what exactly makes one cryptocurrency more or less valuable than any other, aside from the memes and the hype. I guess I could have “made” millions simply by the luck of knowing some folk into mining back in 2013 but I still think all this stuff is pretty worthless unless you can find a greater fool to buy your stake