Did the title get your attention?
Maybe I should have put that mask on my fingers so I could not type. Lol
I have been playing today. Buying and selling, different coins and tokens. Just to see what kind of, if any, reaction I could generate. And it got me thinking.
From everything I see, and feel free to correct me, crypto on its own has no value. Let me explain.
It is all tied to something else. USD, other FIAT, always something else.
There are glimmers of hope and I will give an example.
CTP tokens. You earn them like you do on Hive. Blogging, upvotes, we all know how it is earned. You are rewarded for your brain power. They can be spent though FirePay for non crypto stuff. So far so good. Better than most coins, tokens that have to be sold for Fiat to use in life.
But what is the end? Website owner's, program owners. What do they do with it? Exchange it for Fiat to use in the "real world".
I cannot go to the store and get a loaf of bread with it or any other crypto. Not yet anyway.
So realistically it has no value on it's own.
Until there is mass adoption of crypto and people, business are willing to use it, realistically it has no value.
I do see that changing in the future but these are today's thoughts. And I hope they will spark a conversation.
Bradley