Crypto cannot be used for anything. It has no intrinsic value.
Gold, silver, platinum, etc. have intrinsic value. You can melt them down for industrial purposes. You can turn them into weapons. You can barter with metals. Silver has antibiotic properties. You can put silver in water and it will kill pathogens and enable long-term storage.
What legitimate purpose does Bitcoin hold? Invisible digital currency? Backed by what?
Crypto cannot be used for anything. It has no intrinsic value.
Gold, silver, platinum, etc. have intrinsic value. You can melt them down for industrial purposes. You can turn them into weapons. You can barter with metals. Silver has antibiotic properties. You can put silver in water and it will kill pathogens and enable long-term storage.
What legitimate purpose does Bitcoin hold? Invisible digital currency? Backed by what?