I know cryptocurrencies have been around for several years, but my position remains that we will see the value of them all go to zero.
Every cryptocurrency can have a functionally identical clone made of it. Yes, each system may be secure internally, but why choose one over
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another? 2. There's nothing of actual value represented by the currency. In the case of US dollars, there's the government's ability to
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raise taxes backing it up. Gold certificates have gold backing. Cryptocurrencies have nothing
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> Cryptocurrencies have nothing They have the faith of market participants, which is really all those other things have.
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guns >>>>>>>>>> faith
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the venezuelan government has guns
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Fiat currency can have value because of that, but it's not the only thing required.
End of conversation
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