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RE: Blips on a Screen: Why Everything is Information, and Why Crypto is No Less "Real" than Gold or Dollar Bills.

in #anarchy7 years ago (edited)

Precious metals may be worth less in the future, but they will always be worth something since they are tangible. A government's guarantee of value is worthless if that government ceases to exist, and cryptocurrency is worthless if nobody wants it/places value on it.

Crypto can struggle because it has no guarantee by a government, however, it's a global currency meaning you can exchange it with anyone around the world without the restrictions from governments like trade borders.