The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
Having a currency not backed by a government or different currency is actually something the world could benefit from. Iranian currency was backed by USD, the US caused a shortage of USD there, and their currency value dropped to under 3% of it’s former value. 90 Million people.
That said, I think most of us have only ever used crypto to buy drugs off the internet.
Having a currency not backed by a government or different currency is actually something the world could benefit from. Iranian currency was backed by USD, the US caused a shortage of USD there, and their currency value dropped to under 3% of it’s former value. 90 Million people.
That said, I think most of us have only ever used crypto to buy drugs off the internet.
Yeah, but a currency practically needs a military and an economy to back it.
Who is going to stop me from fucking with the bitcoin supply if I own the US economy?
That’s the point of crypto - unless you can alter 51% of the blockchain, you can’t.