Crypto is absolute TRASH and supported by NOTHING other than the Greater Fool Theory. Period. Full stop. Game over. If you actually think it will ever have any real merit or use I don’t know what to tell you....
- This is NOT saying you can’t make money off of it. It is very possible to turn a profit trading crypto (a made up unicorn) for USD. #Tulips
- This is not saying the technology used to mine the coins does not have real world applications, it very much does, if ETH was a stock and I could buy it and own the technology and brains associated with it I would buy it quickly and in large amounts. However it is not a stock, when you buy it you are buying the literal coin, a commodity, a commodity that will never see any real world applications.
- This is not saying that all currency isn’t going digital. Very likely we will have a digital USD just as China will have its own digital currency.
Good day sir!