The coins themselves carry no value and is backed by jack-shit. Comparing them to baseball cards seems very apt. Baseball cards, bubbles and FOMO.
This is true of every currency. Even precious metals are only precious because we think they are.
Not arguing pro crypto here, more like, anti capitalism, with crypto only being the next generation of a thing that only has a value because some ppl have decided that it does.
This is true of every currency. Even precious metals are only precious because we think they are.
Not arguing pro crypto here, more like, anti capitalism, with crypto only being the next generation of a thing that only has a value because some ppl have decided that it does.