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Some tulips are better than others.

Nothing.

jew magic, much like diamond prices

Utility and supply/demand gives crypto value. The market determines that value.

Jews say it has value. Therefore it does.

Think of bitcoin as the purest form of investment. Each bitcoin has no value except what the market assigns.

There is nothing 'behind' a bitcoin. If a company collapses then at least there are physical assets and maybe some IP that can be sold, recouping some value for the shareholders.

This is not the case for a bitcoin.

A bitcoin's sole features are: 1. there are relatively few of them, and 2. there is a demand for them. That's it. If the demand stops then all of the value goes away. Every penny.

This is why every promoter of a bitcoin reminds you of a snake oil salesman. Their product only has value if they can convince you that it has a value. People who buy bitcoin are suckers, each and every one. But if you can get out before the market decides it doesn't want bitcoins any more then you could become very wealthy.

In short it comes down to stupidity and luck.

nothing...

Right now it's the "Beeny Babies" People say it has value, so it has value. Different whitepapers will convince certain folks, that a certain chain has some sort of real world utility, so those chains trade higher.

But.

As a transaction medium. It takes about seven times the energy and infrastructure, to validate the transaction, then the transaction is worth. This is a big problem, folks like to overlook. It can never be used as a transactional method, because of this. The actual operations cost of doing business, is just to high.


Frankly Crypto has gotten as far as it has, because about 1/3-1/2 of all cryto has been mined with stolen energy, so the value ROI is a bit slewed (all those early years with those Burmese mining farms and all)


So that means it's a store of wealth...
Nope. Its WAYYYYYYYYYYYYYYYYY to volital. 122k today, 81K next week and back again. No way institutional value can be stored with these deltas. So now it has to be regulated to store value. Which makes it no better then any F500 mutual fund.


Also, Q computers have reportedly already hacked the chains. Chinese Q computers are already WAY faster then the wests, so ther e is that.


And too add: In the SWIFT system, Still today, you will or run a huge risk of being debanked, if you bumble-fuck a crypto transaction.

The grip of the guy next to you in the circle jerk

Difference is- the dollar is taxed by inflation. There will only be so many coins mined so supply will eventually be very low or zero. Some newer coins might not do this, it really depends on the coin.

The time, electricity, and processing power it takes to create it.

https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/value-of-crypto/

You are not going to get real answers on this subject from the retards who hang out here. Half of them are "muh mark of the beast!" levels of religious and stupid, and the other half are too technically incompetent to use crypto so they advocate against it because they missed the boat.