Decomposed > People's appreciation of the fact that it can facilitate transactions, cannot be debased and is really hard to track.
Hmmmm.
I don't believe there is any such thing as a 'currency' that can not be debased.
Let's say you bought a 'crypto-buck' for $1,000. And two weeks later it is going for, say, $800. Was it debased? Was it a 'loss of market value'? Doesn't really matter. What does matter that what you could have bought with the original $1,000 can now only buy $800 in goods and services.
Or course, that 'crypto-buck' might go up in value to, say, $1,500. In which case I would have to describe it more as 'an investment' with the capacity for making profit or losing money. But NOT a good vehicle for making financial transactions.
Just my opinions here though.
Zim.
Mad Poet Strikes Again.
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