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Message Subject
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What actually determines the value of a crypto?
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Poster Handle
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E CaT PanTHer |
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Yes I know, it's all "derived value" and as such has no real comparison to something that you can actually pick up and hold in your hand but even the value of those things are based on external factors, supply and demand, rarity value etc.
Good job to the early investors who made a killing but to me they're all ponzi schemes.
Quoting: Mez353 83745373 Fair point, but wasn't the whole point of crypto to create a hedge against inflation, the stock market, and the dollar? Not only have they not provided protection, they're almost perfectly correlated with the dips in our economy. Even gold and silver, the inflation hedge gold standard (no pun) has gone down significantly along with everything else which is strange.
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