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.
A glib, retarded response, thanks.
.....not holding any coins, huh.
Why do you hate money and capitalism?
Are you one of them Marxist socialistic commies?