LogFAQs > #895530139

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Topic	So, what is causing the crypto crash? Bitcoin has fallen below $7,000.
Ki_cat_ 02/05/18 7:11:50 PM #10:	Ulyanyx posted... Ki_cat_ posted... What ever gave it value? Why is it worth anything at this point? What the hell can they be used on? Why is it better than money? I'm still waiting for answers. A global blockchain could potentially stop corruption, crime, etc 100% of the time. Elaborate. And yes. Gold and silver were valuable because it's what the mass wanted. It goes a bit deeper than that bit crypto currency has no tangible use that I see. Gold and silver still have a lot of use but I don't really know why they're always in value or what exactly makes them valuable. --- People are afraid of what they don't understand. <cite>Ki_cat_ posted [p:895530139] in So, what i... [t:76287000]...</cite> <quote><cite>Ulyanyx posted...</cite> <quote><cite>Ki_cat_ posted...</cite> <quote>What ever gave it value? Why is it worth anything at this point? What the hell can they be used on? Why is it better than money? I'm still waiting for answers.</quote> A global blockchain could potentially stop corruption, crime, etc 100% of the time.</quote> Elaborate. And yes. Gold and silver were valuable because it's what the mass wanted. It goes a bit deeper than that bit crypto currency has no tangible use that I see. Gold and silver still have a lot of use but I don't really know why they're always in value or what exactly makes them valuable. --- People are afraid of what they don't understand.</quote> ... Copied to Clipboard!
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