Simple case against cryptocurrencies: "Crypto has value" "Why?" "It has value because it's useful for transferring value" "But why does it have value in the first place?"
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They're two seperate entities, the simple arguement for is " a fiat currency has value because the government says so" and "crypto has value because a group of people say so" it may be a digital tulip craze but that doesn't mean it isn't happening. Fiat logic is just as circular.
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When people with guns start forcing us to pay them crypto, I'll start to believe it has value. tbf maybe this is where ransom viruses come in
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Have you seen
@john_macafee's tweets, he's packing
End of conversation
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