if you want to understand the basics of crypto, or blockchain, or "bitcoin."
This is simple, straightforward and clear.
Blockchain has value because of its UTILITY ONLY (what it does). However, this is true of most anything to which we assign value. Food, bullets, gold, salt, whiskey, even giant stones..... all have assigned value SOLELY because you can use them to DO something, not because of some nonsensical idea of "intrinsic value." Nothing except God has "intrinsic value."
I think crypto is slated to become phenomenally valuable because of the USES it may provide.
Before you give your opinion, you should become informed (imagine that! what a novel idea! lol). I think that the uses for decentralized info recorded is vast,and destined to rework our entire order. Maybe this vid will provide some basis for why I think that. I hope so.
Whether or not you agree with this, and decide to invest in crypto (you can guess my choice here), you owe it to yourself to understand what is happening and why all the hype is happening....., and there is no question that crypto is becoming mainstream.
This is an excellent ground level explanation, although I wrote in the notes that his wikipedia illustration was a bad one (you can scroll down in the notes to see my comment if you wish)
Hope it is helpful
This is simple, straightforward and clear.
Blockchain has value because of its UTILITY ONLY (what it does). However, this is true of most anything to which we assign value. Food, bullets, gold, salt, whiskey, even giant stones..... all have assigned value SOLELY because you can use them to DO something, not because of some nonsensical idea of "intrinsic value." Nothing except God has "intrinsic value."
I think crypto is slated to become phenomenally valuable because of the USES it may provide.
Before you give your opinion, you should become informed (imagine that! what a novel idea! lol). I think that the uses for decentralized info recorded is vast,and destined to rework our entire order. Maybe this vid will provide some basis for why I think that. I hope so.
Whether or not you agree with this, and decide to invest in crypto (you can guess my choice here), you owe it to yourself to understand what is happening and why all the hype is happening....., and there is no question that crypto is becoming mainstream.
This is an excellent ground level explanation, although I wrote in the notes that his wikipedia illustration was a bad one (you can scroll down in the notes to see my comment if you wish)
Hope it is helpful
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