Comment

The White Stripes in 2001: "Screwdriver" (Live on the Late Late Show With Craig Kilborn)

372
Wendell Zurkowitz ((slave to the waffle light))12/05/2021 9:26:38 am PST

Currencies are based on trust. If a nation cannot be seen as trustworthy, the value of its currency will suffer.

But cryptocurrencies do not have any state or any other sort of politically answerable answerable entity behind them. They have no reason to be trusted other than out of a sense of cantankerous protest.