3 comments
Modern currency really is a popularity contest. It only has value because people believe it does.
So the only significant factors are the current, and potential future popularity. The rest is irrelevant from the perspective of value.
Modern currency really is a popularity contest. It only has value because people believe it does.
So the only significant factors are the current, and potential future popularity. The rest is irrelevant from the perspective of value.
I hope no one who is rational would buy a currency based on wasted energy. But demand proves me wrong.