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/biz/ - Business & Finance

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18560719 No.18560719 [Reply] [Original]

why is crypto "worth" so much when it physically doesn't exist and you can't buy anything with it

>> No.18560968
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18560968

>>18560719
cryptography n math my nigga

>> No.18561000

>>18560719
Eth and tezos can do work. Monero can be used to buy cocaine. The rest of it is trash.

>> No.18561034

What are shares, bonds, options, derivatives, securities etc.
90% of the wealth on this planet doesn't exist as a physical object and can't be used to buy anything.

>> No.18561079

it exists on servers and stuff, like the internet. also you can easily convert it to proper money in under a minute for buying stuff nowadays, it's not 2014 any more