At the risk of killing a sacred cow or two, and being murdered myself in the process:
Cryptocurrencies have no intrinsic worth. They have no material existence. They are backed by nothing at all. They are merely numbers in a machine. I believe that in time the cryptocurrency craze of today will be looked at in the same way we look at the Dutch 'Tulipmania' of the 1600s.
Cryptocurrencies have no intrinsic worth. They have no material existence. They are backed by nothing at all. They are merely numbers in a machine. I believe that in time the cryptocurrency craze of today will be looked at in the same way we look at the Dutch 'Tulipmania' of the 1600s.