• oakey66@lemmy.world
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    7 days ago

    It’s a speculative asset that fluctuates based on the whims of billionaire hedge funds and early crypto investors. There is zero value in owning it unless you got in early enough. And even then it’s a situation of the last man holding the bag. Someone will end up losing their asses.

    • r3g3n3x@lemmy.world
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      5 days ago

      Most crypto is. Proof of work crypto is not and brings actual stability and longevity to the table. Most people don’t understand this. Proof of stake is never anything more than gambling.