Cypto holders lost over a TRILLION dollars since November.
Bueller, what are one of the characteristics of a good currency? It is a stable store of value. Crytos currencies like bitcoin losing 50% of their value in less than 3 months would seem to indicate a FAIL on that metric.
Losing 50% when you expect to make 1000% is a big difference.
Digital gold = I think not can you imagine the lines outside your local coin dealer if gold were on sale for 50% off?
“Crytos currencies like bitcoin losing 50% of their value in less than 3 months would seem to indicate a FAIL on that metric.”
that and the fact that you can’t use them at the local laundromat or carwash ...