A very common criticism of Bitcoin and cryptos is that they have no internal value. The basic argument goes like this: unlike corporate stocks, Bitcoin (and its ilk) are not “backed” or secured by anything tangible. Thus, the crypto market represents nothing more than a speculative bubble that is doomed to bust. Well, that argument betrays a fundamental lack of understanding about each of these respective investment vehicles. Your stock portfolio is no more “secured” by tangible corporate assets than your cryptos.
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https://blog.tokentrax.com/if-bitcoin-is-an-illusion-then-so-is-your-401-k-2db9c8ea0c3
Topic: If Bitcoin is an illusion, then so is your 401(k) (Read 107 times)
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