Comment on Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws
ALiteralCabbage@feddit.uk 1 month agoI understand the inflation argument, but what gives crypto any value other than a) a relative value which is based on fiat currency anyway and b) the faith of the userbase in it?
shortwavesurfer@lemmy.zip 1 month ago
What gives any currency any value other than human belief in it? After all, when fiat currencies become valueless, we as humans end up back at gold, which has been in use for millennia.