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312

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[–] 3 pts

This reminds me of crypto so much.

Even this shitty stock had some value... crypto, not so much.

[–] 1 pt

I lived off it for 2 years, so I disagree.

Crypto had as much value as people have confidence in it. At the end of the day, it’s a currency just like the USD - absolutely no different.... except one is controlled by Jews who print more of it whenever they want and the other has an unhackable infrastructure and finite amount.

Crypto had as much value as people have confidence in it. At the end of the day, it’s a currency just like the USD

Yes, but as a general use currency, it is not pegged to anything and to it has huge fluctuations. The USD is pegged to tangible assets and commodities, i.e. when you go the store, things are priced in USD. If you went to the store and all prices were in BTC, then BTC would be pegged to our commodities and assets, which would prevent the huge swings we see today.