For a currency that is not issued by a sovereign state and purports to be useful for day to day transactions and a hedge against inflation, that's not a high bar.
It would be a high bar for a currency whose purpose is to facilitate dark or illicit transactions, though.
Unfortunately the valuations seem to have been predicated on the former use case, not the latter
It would be a high bar for a currency whose purpose is to facilitate dark or illicit transactions, though.
Unfortunately the valuations seem to have been predicated on the former use case, not the latter