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.
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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