[ankeshk]

Christopher Columbus reached the Americas in 1492. He traded colourful beads and small mirrors. In return he got gold. Both the indigenous people and the Spaniards thought of each other as fools.

Value does not arise out of usage or cash flow or how something is classified or even its history. Value arises out of perception. Its all a narrative. It always has been.

People thinking crypto is useless is a narrative. People thinking money will always lose value due to inflation is a narrative. Both are true based on your point of perception.