As we experience the shitdoings of the deepstate in office, more people have waken up from using their fiat system that enslaves us with debt. Whether or not u use cryptocurrency, do you think crypto bear markets are less significant (shorter time frame or less deep dips) as more people switch over to blockchain led decentralized finance and use it more?
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (14)
sorted by:
Still doesn't make sense to me how any crypto will maintain value. You have to convince the other 75% of the world of its value first. And if half the world rejects crypto then we have a major problem. I personally would not accept digital numbers as a form of payment. Especially if that's all it will ever be is digital numbers. I don't live in a video game. But hey to each their own. I'm sure everyone knows it's a gamble at this point.
Supply and demand, just like your house or your car. You need to understand that stability when we're talking about value is a lie. The dollar is not stable, it's simply manipulated to have what looks like a constant inflation, which makes you think it's stable.
In reality that only means you lose when demand is higher than supply. You'd get ripped off. It's like if your house or car increase in value, but if you sell you still get less than what your house it really worth on the open market.
Crypto has value because it's a free market asset, just like your house, your car or even gold.
Last but not least, digital should not freak you out. Know the difference between a situation where you are in control vs a situation where someone else is in control. You keep your gold coins in your neighbors house, you're not in control, you have a bank account, you're not in control.
With crypto you got your key pair and you got your copy of the blockchain, which is verified towards the network. That means you are in control, just as you would have been with gold coins in your hand.