I don't really trust any crypto to be honest. It's backed by nothing and my biggest issue is it is STILL hard to get. If half the population can't figure out how to buy and store it that can't be good.
Blockchain makes a lot of sense to me for a lot of things like inventory, voting, supply chain but I just don't see it as a store of value.
Crypto is still the same beast it always has been. Big companies and wealthy people entering the market to lift the price, lure in stupid investors. Price goes way up. Then the wealthy people pull out and tank the currency.
I’m sure the CIA or whoever is heavily invested and manipulating it too. Question though is what happens once it gets too big to easily manipulate.
Hard to SPEND is the biggest challenge
(post is archived)