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west-byGod-Pa. | To add to previous discourse: crypto is digital: there is no paper cryptocurrency, the value is only as a means of trade tool- based in part on demand. If there was no demand for the currency, it would have zero value- so in that aspect, it operates like a stock: it's value goes up based on demand. One of its values is as an international trade tool avoiding governmental taxes & control. As far as I can tell, it can be easily manipulated, as happened with that Sam Banks_____ guy: put away for a long time over cryptocurrency fraud. I do not trust crypto, expecting that it could collapse anytime, anywhere. I think of it as a valuation based on nothing. | |
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