What in the ever living fuck did they mean?
youtube.com
SEC: Crypto lacking "on a fundamental plane"
Angel Peterson
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Alexander Phillips
it doesnt exist
Jayden Price
elaborate, please
Aiden Clark
It means
>Us boomers are scared to use it, therefor you guys have no morals.
Xavier Myers
It does not have a way to measure it's real world value because there is nothing that makes a bitcoin valuable except consumer sentiment. Real businesses and things that people invest in have fundamentals which can be measured and analyzed in order to determine what the actual value of an asset is vs. it's market value. In the case of bitcones the only thing contributing value is the fact that someone out there might be willing to buy your bitcone for $9000 or whatever people are spending on them now. You can't eat a bitcone, you can't really spend it at the store where I live, so how do you truly measure its value in a way you can present to potential investors interested in what their dollars are buying?
Benjamin Ross
wrong. bitcoin is uses by drug dealers. it has legitimate value
Austin Adams
it means jews have no control over it
Hunter Brooks
You also cant eat a stock so whats the big deal
Nathaniel Russell
This is why BTC will die. You cannot have a currency based on a value that fluctuates. Don't invest in shit long term on something with zero real-world utility.
Samuel Lewis
It's the perfect currency. And a good currency is by definition a never ending ponzi. A bad currency ends up collapsing