How much is an instant speed, 100% secure, currency unlocked, global finance system worth to you? What if I said the fee per transaction was less than a penny?
Once again, these are benefits of cryptocurrencies. They are not values. A backed crypto has these same benefits.
The value associated with the coin is the ownership in the system.
This is a belief backed crypto. You are saying it yourself.
I get you are invested. When a person is invested they don't want to believe their investment was bad. I don't think it is bad. I think in the short term it could be great. But because it is only backed by belief, it is ephemeral and that nature will prove itself in the future. At that point it will be a very bad investment, and a lot of those invested will lose a great deal.
That being said silver is/was manipulated by the banking families...we'll expect it to boom.
Yes, but I'm not talking about that. I'm talking about the fundamental principle of currency and what properties an intermediary to barter must have to create a stable economy.
Once again, these are benefits of cryptocurrencies. They are not values. A backed crypto has these same benefits.
This is a belief backed crypto. You are saying it yourself.
I get you are invested. When a person is invested they don't want to believe their investment was bad. I don't think it is bad. I think in the short term it could be great. But because it is only backed by belief, it is ephemeral and that nature will prove itself in the future. At that point it will be a very bad investment, and a lot of those invested will lose a great deal.
Yes, but I'm not talking about that. I'm talking about the fundamental principle of currency and what properties an intermediary to barter must have to create a stable economy.