1. Pokemon cards and federal reserve notes all have a geographical central point of issuance. Whatever becomes the world reserve currency will always have domestic interests competing with international interests and the domestic is sacrificed in favor of international interests in order to keep it as a world reserve currency. This is called Triffin's Dilemna.

Crypto does not fall in this since it is issued internationally from the get go. Even the majority of gold/silver is centralized around.... Central Banks so you can't escape them depending entirely on gold/silver.

2. Crypto can make near instantaneous long distance payments with no 3rd party bank keeping your funds. It breaks the banks internationally though your local economy may still use precious metals. If the distance for payment is small you don't need crypto.

3. There is a fixed number of coins hard coded into the blockchain.

Any "crypto" that doesn't do this is worthless. This is easily checked by the open source code (best reasurrence), white paper about the crypto, or just looking it up on forums/YouTube/coinmarketcap/twitter/etc.

If there is demand for the crypto that is not just generated on making a quick buck but instead in a long term vision or having a stable currency, that is a value you want. Dont speculate on what is said to excite, look at history and past actions.

The intrinsic value.

Intrinsic - Of or relating to the essential nature of a thing; inherent. What is the inherent nature of crypto A or B? You got to research that because cryptos can be wildly different in the essence of what they're for in that moment.

4. Anybody who processes payments on a crypto blockchain must use the same code and have the same history of transactions as everyone else processing payments. If not then they don't get to process transactions. You can't make coins appear that isn't already coded in, you can't take modify transactions past or present, and you can't delete parts of the ledger and go back in history.

Any crypto that has done any of these things is broken and useless

You can ask how to make this work and that leads to...

5. Decentralization. Any crypto worth its salt is decentralized.

Large Decentralized Payment Validators - Many people checking each others ledgers and making sure there's no fudging the numbers. Also being relatively inexpensive and doable for a household to join and and contribute to blockchain validation is important.

Decentralized Wallet Distribution - The crypto is not owned by one person but many people in varying amounts. No entity should have an overwhelming majority of the crypto or else it's time to move on.

The more people buy/selling/holding a crypto while overall that crypto also has a more linear/even wallet distribution, the less instability you will see in the price. There is still relatively little money in crypto compared to the world market and the number of people who own/use crypto is still relatively small. As it grows and cements its place in the world economy, the price will get more stable.

6. Every crypto needs to have its code open-source, audited, and able to be read. Now you may ask "if I can just copy the code and make it my own what is the point"? Sure you can make a copy, there's tons of copies of Ethereum and Bitcoin out there as their own Cryptos but you're not going to get anyone to use it unless you have a lot of special sauce.

On the other hand, if a crypto majorly fucks up, maybe someone ends up owning a majority of the validators or coins (which you would see way ahead of time since everyone can audit transactions on blockchain explorers), you can take a copy of that blockchain and iterate on it to solve the problem. This I think is important. There will always be cycles where eventually a few own the majority of everything and open source code and the free market (or your neighbor) gives people a choice of where to go to. Govt can shut down exchanges but they won't be able to shut down people trading crypto person to person worldwide.

7. The code has to be provably secure and audited by multiple parties. All hacks happen on Decentralized applications, not the blockchains processing the transactions, but there still needs to be reassurance of the codes security.

If certain blockchains have (m)any hacks happen on Dapps in the blockchain ecosystem, that's a huge problem. The code is either written badly, the programming language used for smart contracts is majorly flawed, or both!

1. Pokemon cards and federal reserve notes all have a geographical central point of issuance. Whatever becomes the world reserve currency will always have domestic interests competing with international interests and the domestic is sacrificed in favor of international interests in order to keep it as a world reserve currency. This is called Triffin's Dilemna.

Crypto does not fall in this since it is issued internationally from the get go. Even the majority of gold/silver is centralized around.... Central Banks so you can't escape them depending entirely on gold/silver.

2. Crypto can make near instantaneous long distance payments with no 3rd party bank keeping your funds. It breaks the banks internationally though your local economy may still use precious metals. If the distance for payment is small you don't need crypto.

3. There is a fixed number of coins hard coded into the blockchain.

Any "crypto" that doesn't do this is worthless. This is easily checked by the open source code (best reasurrence), white paper about the crypto, or just looking it up on forums/YouTube/coinmarketcap/twitter/etc.

If there is demand for the crypto that is not just generated on making a quick buck but instead in a long term vision or having a stable currency, that is a value you want. Dont speculate on what is said to excite, look at history and past actions.

The intrinsic value.

Intrinsic - Of or relating to the essential nature of a thing; inherent. What is the inherent nature of crypto A or B? You got to research that because cryptos can be wildly different in the essence of what they're for in that moment.

4. Anybody who processes payments on a crypto blockchain must use the same code and have the same history of transactions as everyone else processing payments. If not then they dont get tonprocess transactions. You can't make coins appear that isn't already coded in, you can't take modify transactions past or present, and you can't delete parts of the ledger and go back in history.

Any crypto that has done any of these things is broken and useless

You can ask how to make this work and that leads to...

5. Decentralization. Any crypto worth its salt is decentralized.

Large Decentralized Payment Validators - Many people checking each others ledgers and making sure there's no fudging the numbers. Also being relatively inexpensive and doable for a household to join and and contribute to blockchain validation is important.

Decentralized Wallet Distribution - The crypto is not owned by one person but many people in varying amounts. No entity should have an overwhelming majority of the crypto or else it's time to move on.

The more people buy/selling/holding a crypto while overall that crypto also has a more linear/even wallet distribution, the less instability you will see in the price. There is still relatively little money in crypto compared to the world market and the number of people who own/use crypto is still relatively small. As it grows and cements its place in the world economy, the price will get more stable.

6. Every crypto needs to have its code open-source, audited, and able to be read. Now you may ask "if I can just copy the code and make it my own what is the point"? Sure you can make a copy, there's tons of copies of Ethereum and Bitcoin out there as their own Cryptos but you're not going to get anyone to use it unless you have a lot of special sauce.

On the other hand, if a crypto majorly fucks up, maybe someone ends up owning a majority of the validators or coins (which you would see way ahead of time since everyone can audit transactions on blockchain explorers), you can take a copy of that blockchain and iterate on it to solve the problem. This I think is important. There will always be cycles where eventually a few own the majority of everything and open source code and the free market (or your neighbor) gives people a choice of where to go to. Govt can shut down exchanges but they won't be able to shut down people trading crypto person to person worldwide.

7. The code has to be provably secure and audited by multiple parties. All hacks happen on Decentralized applications, not the blockchains processing the transactions, but there still needs to be reassurance of the codes security.

If certain blockchains have (m)any hacks happen on Dapps in the blockchain ecosystem, that's a huge problem. The code is either written badly, the programming language used for smart contracts is majorly flawed, or both!

1. Pokemon cards and federal reserve notes all have a geographical central point of issuance. Whatever becomes the world reserve currency will always have domestic interests competing with international interests and the domestic is sacrificed in favor of international interests in order to keep it as a world reserve currency. This is called Triffin's Dilemna.

Crypto does not fall in this since it is issued internationally from the get go. Even the majority of gold/silver is centralized around.... Central Banks so you can't escape them depending entirely on gold/silver.

2. Crypto can make near instantaneous long distance payments with no 3rd party bank keeping your funds. It breaks the banks internationally though your local economy may still use precious metals. If the distance for payment is small you don't need crypto.

3. There is a fixed number of coins hard coded into the blockchain.

Any "crypto" that doesn't do this is worthless. This is easily checked by the open source code (best reasurrence), white paper about the crypto, or just looking it up on forums/YouTube/coinmarketcap/twitter/etc.

If there is demand for the crypto that is not just generated on making a quick buck but instead in a long term vision or having a stable currency, that is a value you want. The intrinsic value.

4. Anybody who processes payments on a crypto blockchain must use the same code and have the same history of transactions as everyone else processing payments. If not then they dont get tonprocess transactions. You can't make coins appear that isn't already coded in, you can't take modify transactions past or present, and you can't delete parts of the ledger and go back in history.

Any crypto that has done any of these things is broken and useless

You can ask how to make this work and that leads to...

5. Decentralization. Any crypto worth its salt is decentralized.

Large Decentralized Payment Validators - Many people checking each others ledgers and making sure there's no fudging the numbers. Also being relatively inexpensive and doable for a household to join and and contribute to blockchain validation is important.

Decentralized Wallet Distribution - The crypto is not owned by one person but many people in varying amounts. No entity should have an overwhelming majority of the crypto or else it's time to move on.

The more people buy/selling/holding a crypto while overall that crypto also has a more linear/even wallet distribution, the less instability you will see in the price. There is still relatively little money in crypto compared to the world market and the number of people who own/use crypto is still relatively small. As it grows and cements its place in the world economy, the price will get more stable.

6. Every crypto needs to have its code open-source, audited, and able to be read. Now you may ask "if I can just copy the code and make it my own what is the point"? Sure you can make a copy, there's tons of copies of Ethereum and Bitcoin out there as their own Cryptos but you're not going to get anyone to use it unless you have a lot of special sauce.

On the other hand, if a crypto majorly fucks up, maybe someone ends up owning a majority of the validators or coins (which you would see way ahead of time since everyone can audit transactions on blockchain explorers), you can take a copy of that blockchain and iterate on it to solve the problem. This I think is important. There will always be cycles where eventually a few own the majority of everything and open source code and the free market (or your neighbor) gives people a choice of where to go to. Govt can shut down exchanges but they won't be able to shut down people trading crypto person to person worldwide.

7. The code has to be provably secure and audited by multiple parties. All hacks happen on Decentralized applications, not the blockchains processing the transactions, but there still needs to be reassurance of the codes security.

If certain blockchains have (m)any hacks happen on Dapps in the blockchain ecosystem, that's a huge problem. The code is either written badly, the programming language used for smart contracts is majorly flawed, or both!

1. Pokemon cards and federal reserve notes all have a geographical central point of issuance. Whatever becomes the world reserve currency will always have domestic interests competing with international interests and the domestic is sacrificed in favor of international interests in order to keep it as a world reserve currency. This is called Triffin's Dilemna.

Crypto does not fall in this since it is issued internationally from the get go. Even the majority of gold/silver is centralized around.... Central Banks so you can't escape them depending entirely on gold/silver.

2. Crypto can make near instantaneous long distance payments with no 3rd party bank keeping your funds. It breaks the banks internationally though your local economy may still use precious metals. If the distance for payment is small you don't need crypto.

3. There is a fixed number of coins hard coded into the blockchain.

Any "crypto" that doesn't do this is worthless. This is easily checked by the open source code (best reasurrence), white paper about the crypto, or just looking it up on forums/YouTube/coinmarketcap/twitter/etc.

If there is demand for the crypto that is not just generated on making a quick buck but instead in a long term vision or having a stable currency, that is a value you want.

4. Anybody who processes payments on a crypto blockchain must use the same code and have the same history of transactions as everyone else processing payments. If not then they dont get tonprocess transactions. You can't make coins appear that isn't already coded in, you can't take modify transactions past or present, and you can't delete parts of the ledger and go back in history.

Any crypto that has done any of these things is broken and useless

You can ask how to make this work and that leads to...

5. Decentralization. Any crypto worth its salt is decentralized.

Large Decentralized Payment Validators - Many people checking each others ledgers and making sure there's no fudging the numbers. Also being relatively inexpensive and doable for a household to join and and contribute to blockchain validation is important.

Decentralized Wallet Distribution - The crypto is not owned by one person but many people in varying amounts. No entity should have an overwhelming majority of the crypto or else it's time to move on.

The more people buy/selling/holding a crypto while overall that crypto also has a more linear/even wallet distribution, the less instability you will see in the price. There is still relatively little money in crypto compared to the world market and the number of people who own/use crypto is still relatively small. As it grows and cements its place in the world economy, the price will get more stable.

6. Every crypto needs to have its code open-source, audited, and able to be read. Now you may ask "if I can just copy the code and make it my own what is the point"? Sure you can make a copy, there's tons of copies of Ethereum and Bitcoin out there as their own Cryptos but you're not going to get anyone to use it unless you have a lot of special sauce.

On the other hand, if a crypto majorly fucks up, maybe someone ends up owning a majority of the validators or coins (which you would see way ahead of time since everyone can audit transactions on blockchain explorers), you can take a copy of that blockchain and iterate on it to solve the problem. This I think is important. There will always be cycles where eventually a few own the majority of everything and open source code and the free market (or your neighbor) gives people a choice of where to go to. Govt can shut down exchanges but they won't be able to shut down people trading crypto person to person worldwide.

7. The code has to be provably secure and audited by multiple parties. All hacks happen on Decentralized applications, not the blockchains processing the transactions, but there still needs to be reassurance of the codes security.

If certain blockchains have (m)any hacks happen on Dapps in the blockchain ecosystem, that's a huge problem. The code is either written badly, the programming language used for smart contracts is majorly flawed, or both!