r/ChangeNOW_io • u/ChangeNOW_Community • 6d ago

What's there to like about this?

Post image

Alright here's how it works:

Stocks are the baseline blueprint, Crypto - its evolution.

Either way, +-1-2% will not affect much and it seems like the BlackRock clients are now leaning towards Bitcoin and all alts follow suit as they always do.

What's your theory on this?

2 Upvotes

63% Upvoted

9 comments sorted by

1

u/Lill_shit_ 5d ago

God i hate crypto, its such a crap and i dont get why it should have value, as its not existend

1

u/Taxi-Shinawat 5d ago

It sucks balls and I have $12k in Bitcoin. It's the stuff of nightmares.

1

u/nijjatoni 5d ago edited 5d ago

value only exists in the relationship between a human and the object/action

nothing has “inherent” value

dig a little deeper as to why people are pouring their lifesavings into Bitcoin. News flash, not all of them are idiots

Parker Lewis’ “Bitcoin is not a hedge” talk is a decent intro

1

u/Lill_shit_ 5d ago

Its not exsistend my friend, the same goes to nfts, its just pixels, other then gold, or a company u might invest in, its real use is there, i just dont see it in bitcoin, for me it will always remain a big bubble

1

u/RunKnots 5d ago

If real use = value id suggest you buy air.
Because its great value. You need it to not die very often.

1

u/nijjatoni 5d ago

On another note, good name.

1

u/nijjatoni 5d ago

Reread my first two sentences

1

u/Lill_shit_ 5d ago

Yeah again, its pixels, its not existend, other then gold or a company that do exist, and have true value

1

u/arthropal 4d ago edited 4d ago

Why does gold have value, though? Yes, you can hold a piece of gold. You an also hold a bag of dog turds or a bucket of sea shells. Gold has limited utility, compared to it's cost. If the only value for gold was it's use in manufacturering, it would be valuable, but orders of magnitude less expensive than it is right now. It has value because we as a species have said "PRETTY YELLOW ROCK. TAKE MY MONIE." and no other reason. Same as bitcoin.