1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
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There's nothing that has value as just a store. The critical part is in the utility and function(smart contract) of that crypto. What is the use case? I anticipate one crypto will eventually settle as a use case for basic value exchange and become the standard. It's still early.
Something could have value by design if it was pegged to an external value, or if it got some initial speculative value (like most tokens), and then picked and maintained a certain value by manipulating the money supply / interest rates.