Nothing more than intangible digital currency....intangible ‘asset’. Much in the same degree as someone in a video game using real money to buy pixels....yes, pixels.
And given how many cryptocurrency agencies were blocking folks from selling their cryptocurrency back into actual cash for the days it was cratering the first few days of this week/past week, smells like one huge ponzi scheme imho.
“smells like one huge ponzi scheme”
indeed ...