The dollar has some intrinsic value, at least. Full faith and credit of the US is still worth something.
Crypto is just used electricity.
The dollar has some intrinsic value, at least. Full faith and credit of the US is still worth something.
Crypto is just used electricity.
I’d suggest you look up the definition of “money”.
5 years ago i put 1% of my portfolio in Bitcoin. It’s done fairly well. It can’t be banned because you’d have to shut down the internet to “ban” it. It can’t be inflated to worthless paper, like the US Dollar and it’s going to be used by everyone to hold value as our fiat money evaporates into toilet paper.
“Full Faith and Credit” of the US..... really?
It’s a ledger entry and is “worth” what others will trade for the “number”. I’d just read a little about it and then decide for yourself. If not BitCoin then read about the Blockchain network that it uses. In that manner you will be able to convert dollars to euros instantly without a fee, think about the disruption caused by that.