Exactly this. People who buy crypto with Real Money only do so in the expectation that they’ll later be able to sell it for more Real Money. By design, it doesn’t represent labor, materials, services, anything of actual worth, it just sucks the value out of fiat currency like a parasite.
rmuk@feddit.uk 5 weeks ago
Exactly this. People who buy crypto with Real Money only do so in the expectation that they’ll later be able to sell it for more Real Money. By design, it doesn’t represent labor, materials, services, anything of actual worth, it just sucks the value out of fiat currency like a parasite.