Crypto gets its value from being a tool which has certain properties, as does anything with value. The properties crypto has make it a really good money. Its not able to be counterfit, its fungible, its divisible, easily transmitable, easily stored, extremely secure, it has a fixed distribution schedule and is easily audited. You can probably come up with several more properties which make a good money and it will most likely apply to crypto as well.
Crypto is a function OF capitalism.
It’s supply and demand 101.
Where does any medium of exchange get its value from? Mutual understanding.
Crypto gets its value from being a tool which has certain properties, as does anything with value. The properties crypto has make it a really good money. Its not able to be counterfit, its fungible, its divisible, easily transmitable, easily stored, extremely secure, it has a fixed distribution schedule and is easily audited. You can probably come up with several more properties which make a good money and it will most likely apply to crypto as well.
.....not holding any coins, huh.
Why do you hate money and capitalism?
Are you one of them Marxist socialistic commies?