Cryptocurrency is the only form of money on the planet that is controlled by people and not gove…
Cryptocurrency is the only form of money on the planet that is controlled by people and not government. It was born of the internet, for the age of the internet. A global, efficient, and borderless society. Anyone who thinks a movement this powerful can be stopped is dead wrong
How does someone get their first dollar? Value comes from effort. Currency does not need currency to be created. Some crypto’s are inflationary, and do not have a finite supply. So the point is null
just trying to understand the crypto hype, there it seems to be more fans than people actually doing anything useful with it
Your point was “because it’s finite, it’s a stock”. I say that point is null, because many cryptos are not finite. Crypto allows people to transact without government oversight. It’s cheaper and faster for cross-border transactions, and the code is transparent, meaning there will never be a surprise inflation event like there is now with the Fed
but if the dolar inflates ,that doesnt affect the crypto you buy? is there major companies taking crypto and why not ? just trying to understand
The dollar and crypto are inversely correlated if anything. The more the dollar inflates, the more worthless it becomes, and the more people will look to alternative stores of value like real estate, gold, crypto etc
attitudeboy , so its like a stock
Gold, nor real estate are stocks, what makes you think crypto is a stock, after what we’ve already talked about?
minning needs a computer, energy and internet + knowledge that costs money.