Are we USEFUL FOOLS for cryptocurrency WHALES? - Reflection

jaimewilliam (53)in #cryptocurrency • 6 years ago

The fool's law was mentioned by Warren Buffet recently, arguing that cryptocurrencies do not have any real value right now, and that the only thing that increases the value is that another person comes and pays more than what we paid. I do not agree with this theory, but seeing the comments of some of them at the end I am rethinking if it really is like that.

The value of cryptocurrencies is given by people who really support technology and decentralization, its value will depend on the use we want to give it, I think there are many projects that are already used in real life and offer incredible solutions, and that its adoption will be much greater in the future, that's why I see that if they are going to have real value and are going to be supported by people, companies, institutions, etc.

The problem is that right now it is a utopia, and I am already seriously reconsidering if one day this real use will be implemented, or if this will continue to be a source of speculation to make a few rich, and take the money out other how many.

The reflection would be something like this: We are in a global and capitalized system, in which a "decentralized virtual currency" wants to obtain power: D.

And is it meant that those who control the system (whoever it is) let it be done without imposing its rules? o_O. You know there will be rules, and strong ones.

Therefore, we will continue to be within the "global and capitalized system", and what have we gained? -The Blockchain.