The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
I think most people don’t understand cryptocurrencies. On one side it’s all hyperbolic about being your own bank and financial freedom and new tech, on the other side it’s hyperbolic about how there is no underlying value, it’s all going to 0, scams, drugs, terrorism, money laundering,…
But the fact is that crypto does have an underlying value. It’s gambling. Gambling is a huge industry.
I think most people don’t understand cryptocurrencies. On one side it’s all hyperbolic about being your own bank and financial freedom and new tech, on the other side it’s hyperbolic about how there is no underlying value, it’s all going to 0, scams, drugs, terrorism, money laundering,…
But the fact is that crypto does have an underlying value. It’s gambling. Gambling is a huge industry.
Congrats, now you understand fiat currency. It only has value because we agree on it.