When you use them for work, not being tied to your computer is really nice.
joelthelion
joined 1 year ago
Well, gold has the added benefit that it has served this purpose for thousands of years.
Would you really count on an extremely complex electronic currency requiring a distributed array of machines to get you through a major crisis?
Bitcoin is still around 30k a pop, so I wouldn't say it's dead yet. But I foresee a big crash in the months or years to come: the hype has passed, and the real uses of crypto are very few. It's also not a good investment since the expected returns are 0. Once people finally realize that, I see the price falling to 1k or even less.
Are they really impossible to replace, though?