Just seems to be an unexplored area of Q and could possibly give insight.
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“Cryptos“ don’t create any value, or possess any intrinsic value. How could they possibly increase in real value over time, especially with the significant waste involved in mining them destroying value within the system, and then the “crypto millionaires and billionaires” pulling real wealth out if the system by converting it into tangible assets (real estate, yachts, Ferraris, hookers and blow) that they sure-as-sht didn’t have before.
It’s a transparent pump-and-dump scam writ large, and x22 Dave should be ashamed.
That's kind of how money works tho. Things have whatever value is agreed upon by those in the transactions. NFTs might not have any value to you but rich retards get their dicks hard by having something unique that they can show off. Art is the same. They can all be abused one way or another but they only work if there's enough people willing to buy into the system. Lex Friedman's podcast had a bunch of crypto people on recently and checking out the clips was pretty informative because they acknowledge things like what might happen if the biggest holders were to cash out.