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by microtherion
3344 days ago
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> crypto's fantastic investment value True, many crypto currencies are rapidly increasing in value (because of built in scarcity effects, and investor interest). But that very speculative attractiveness makes them quite unsuited as currency (because their value is unstable and generally deflationary). So you're left with a "commodity" that is unsuitable for anything but speculation. Those kinds of stories usually don't tend to end well. |
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That is valuable to me and a lot of other people. Until that time comes, I'm happy to embrace the risk of early adoption and the many thousands of dollars it's made for me already.