Billionaire Seth Klarman: I Can't See the Point of Crypto — Nobody Needs to Own It

submitted by Maria88800 from cryptocrash.club

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]Anman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

What is worse than fiat? Digital fiat that has no hard copy. What is worse than digital fiat? A digital fiat that only has any use if other people are interested in using it. What exactly is the purpose of a subscription only digital fiat? To buy and sell it as a commodity to make money in another fiat.