Quote:
Originally Posted by afc wimbledon
I have made no secret of my complete incomprehension of why anyone would think crypto has any future at all other than its inflation due to no better reason than people thinking it will go up, that said if I was investing in crypto my chief worry would be that it loses its flavour of the moment position and dies not with a bang but a whimper, eventually it just gets old fashioned tired and boring and people move on to the next shiny new thing (NFT's apparently).
At that point crypto's basic lack of a function compared to a standard currency or other investment is likely to become it's death sentence rather than it just devaluing as I expect my house to do in the next year or so, my house will always be a place to live, rent out etc so while it may lose 50% of its value (I'm in Vancouver so quite likely) it does have inherent utility that gives it value.
Anyway that said 'get off my lawn you little crypto investing bastards!!!'
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While I disagree with you I do appreciate your thoughtful perspective