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by dehrmann 1189 days ago
One thing crypto has been good for is it made us think critically about why money actually is. It's all a matter of faith and believing someone else will value it in the future...or a military will tell you to value it. Gold has the same issue; its intrinsic value is somewhere around silver or copper.

Once you think about currencies this way, you realize that while crypto could be used as a currency, it isn't; its a speculative investment, like a digital beanie baby.