Really dude, cut the inspirational crap
OK kid, you ready to be WOKED?
It used to be currency has no value,
it just facilitates the transaction of goods. A dollar can worth less than a pebble or more than a bar of gold but if you have enough of it, you can buy a car. Does it really matter how much money is involved if nobody hodls? The goal is to accumulate enough material, not currency, currency is just used in the process of transaction.
That's true UNTIL the 👺s learned how to bank, then everything changed.
The store of value of money is since defined.
All fiat money has value because it's borrowed, fiat money is pegged against goods you borrowed it against.
As for crypto currencies, none of them have value because they're mined, seems counter-intuitive, right?
A currency has no store of value if it cannot be used to pay back debts mortgaged against goods, it will always be a medium of exchange, it doesn't matter how much crypto you spent for a pizza, it is a medium of exchange with nothing tethered to it. That's why USDT is called Tether, it is redeemable to USD which is mortgage tethering to real goods. Crypto currencies can go to the moon or crash to the ground, it doesn't matter how high the balloon floats, the merchants don't give a 💩, they can cash the 1000 BTC or 1 satoshi for every pizza they sold for a pizza worth of goods.
You may think BTC has value because miners wasted all them electricity, you are NOT on the same boat as the miners don't forget, they don't want to admit being suckers, you have no stake in mining, don't worry for them.
