I got into cryptocurrency 10+ years ago after spending some time pondering what characteristics made for good money. I drew up a chart comparing dollars to gold. Bitcoin had recently hit $1000, leading to some headlines that made me aware of it. I added a 3rd column to the chart, drew up all the criteria I could think of, and started grading the three options. The rest is history. You might find value in repeating the exercise.
Land. And with an out of control government, maybe not even that.
There is nothing certain.
Gold I suppose, but in all honesty, you can't eat it, and the only way it retains value is that people want it.
It is irrational, but it's shiny and people can make pretty things out of it. It doesn't have all that many real world uses other than Jewelry.
I got into cryptocurrency 10+ years ago after spending some time pondering what characteristics made for good money.
My recollection is that it was selling for around $50.00 when I was first made aware of the idea, but I said the same thing then that i'm saying now.
"The stuff goes to zero when the government sees it as a threat." Also "Tulips." The latest fad.
So what about Dogecoin, Ethereum and all the others?
Why is any of these things worth anything?
Because people want to believe.
Our whole system is on the verge of economic collapse, and none of these computer currencies will do better than anything else.
It's selling point is that the government can't control it. Well they can't until they decide otherwise. Then they can.