Cryptocurrencies have no value:
There has always been a question
about the value of cryptocurrencies. Sceptics never let the opportunity to ridicule
investors for backing speculative, unregulated assets. But, the fact is that
cryptos are global, borderless currencies that fluctuate based on supply and
demand. Indeed, that it is cashless is why numerous supporters believe it is
the future of finance. Considering that the general trend around the world is a
move towards cashless societies, these digital assets are easily argued to be a
far better store of wealth. Also cryptos can’t just be inflated away via
quantitative easing like fiat currencies.
Crypto markets have been rallying over the past 2 days on news that Coinbase custody is accepting institutional investors - is this a change in the tide or a bull trap?
1:15 Market Recap
3:38 Coinbase Custody
4:45 Crazy Ethereum Gas Prices
7:36 Miners Flooded.. Literally
Thanks Youtube channel Boxmining.
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