Quote:
Originally Posted by emathias
Are there any currencies left that do have intrinsic value?
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Sure, but unlike the dollar, the crypto is not backed by any state with a federal reserve and its ability to pay for things is not great compared to... regular money (probably the majority of crypto purchases are illicit in nature). It's a pure speculative phenomenon. As long as the firms understand that and can outsmart the "investors" I guess it's as legit away of making money as any other sort of finance...
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