[VT_Drew]

>Money as we know it depends on the authority of the state for credibility, with central banks typically managing its price and/or quantity.

More accurately stated:

Money as we know it depends on the authority of the state for credibility, with central banks typically manipulating its price and/or quantity.

Which is why Cryptocurrency is attractive in the first place.

[zzalpha]

Which is why Cryptocurrency is attractive in the first place.

I expect if you did a survey, a very small, very libertarian group of cryptocurrency "investors" may be concerned about governments managing their respective currencies.

The vast majority just wanna make money on the hottest new thing. A subset of those people might even believe in the fundamentals. The rest are just glorified gamblers.

[ryanmarsh]

This reminds me of the dot com boom. There was a very small very libertarian group of people excited about things like disintermediation, the vast majority of investors just wanted to make money on the hottest new thing, a subset of those might have believed in the fundamentals but the rest were just gamblers.

The more things change the more they stay the same. LOL