Can I ask a dumb question? A reference to a solid TL
![grin :D :D](/styles/default/xenforo/smilies/grin.gif)
R resource works for me too:
What makes Crypto (BitCoin specifically) an investment? I understand gold and silver since, for some reason beyond me, many people see value in those metals. But, as far as I understand, Bitcoins are a representative token for a block-chain process that is mostly unused? I get key tokens and handshakes, and I mostly understand how the world of that has worked for years. Why does:
1. A different / better way to secure that communication result in something 'worth' money, outside of investing in the institution that controls that handshake
2. A nebulous 'thing' hold value, beyond other people thinking there is value there too
The US dollar is basically useless, other than the US saying it has value. That second statement is carrying a giant point though: The US government is saying that thing has value. If we get to a point that that statement carries no weight, the Crypto coin means nothing too, since we've descended into the wild west.
I guess, in short, I just don't get it. But I want to understand.