Why does Cryptocurrency have value? Or is it just Crypto Crap?
Yesterday 13 Billion dollars of Bitcoin was traded in just 24 hours. But what gives Cryptocurrency value? Is Cryptocurrency just a bunch of letters and numbers, or does it have some sort intrinsic value? Why should you trust that Bitcoin or any Cryptocurrency has any actual or real value? The source of value for Bitcoin is Adoption, Utility, and Censorship Resistance. Hang while we go deep into the rabbit hole of digital currency.
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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is my opinion. I am not smarter than you. You are smarter than you realize. Do not trust what I say. Do your own research!
Cryptocurrency involves substantial risk of loss and is not suitable for every investor. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this video be construed as an express or implied promise or guarantee.