What is the true value of cryptocurrencies?


Nine years ago, when “Satoshi Nakamoto” released the research paper titled, “Bitcoin,” she/he/they laid the foundation for the cryptocurrency craze we’re experiencing today. Despite the spike in popularity of cryptocurrencies, not everybody is fond of them. People call cryptocurrencies with all sort of names, like “speculative bubble,” “ponzi schemes,” “get-rich-quick schemes,” and sometimes simply “fraud.” Most people are cryptocurrency skeptics because they question its intrinsic value, which is somewhat fair, but what exactly does intrinsic value mean? And should that affect how we view cryptocurrencies? What is value, anyway? It’s such a simple question that is extremely difficult to answer.…

This story continues at The Next Web

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