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by vmception
1869 days ago
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The same standard is used for fiat currencies, which is why they have fluctuating values against other currencies. It is just a premined asset with infinite emissions with some recurring demand drivers, it doesnt exist in a different reality than other assets such as crypto. The market tolerates it and thats that. The entire FX market is that reality. The reporting and liquidity of crypto assets has become impressive and will continue to improve. I think the most useful thing would be for you to make a note of what standard or threshold you would use to find crypto growth to be impressive, make sure that standard is a standard that matches other asset classes you respect instead of a fictional higher standard exclusively for crypto, and then watch for crypto to meet those standards as it matures. You can even help improve it. |
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