Crypto has NONE.
A cryptocurrency like bitcoin is actually ‘backed’ by the inviolable nature of mathematics. Trust in the ‘full faith and credit’ of politicians, or faith that 2+2=4 today, tomorrow, and forevermore?
To stick with a monetary instrument that you know politicians will continue to debase, or use a monetary instrument that the politicians have no power to debase or steal?
Which would you prefer? And why?
I have masters degree in engineering. ANd 37 years experience practicing my profession in real world.
Here is what I think. RELY MORE ON ACTUAL RESULTS THAN THEORIES AND OPINIONS.
So examine results. Bitcoin has dropped to 1/3 from it’s recent high. That is 66% drop. US dollar has dropped 17% in 2 years. The actual evidence is all that counts.