Like they did with Tulipmania in Holland in the 17th. century and about the same intrinsic value
This is getting a ways off topic, but I would completely disagree that Crypto currencies have no intrinsic value. The Blockchain can be used for all sorts of extremely useful applications, especially as a verifier of information or ownership. Bitcoin can be extremely useful for transferring money between currencies with minimal fees, and for enabling people who don't have access to traditional banking.
As an investment, I consider Bitcoin to be extremely risky but as a currency it has a lot of potential.
Just another example of the Danes’ total disdain for the Dutch. Where is Anders to defend the honor of his proud people? Anders??? Where the heck is Anders!?
Not sure I get Crypto currency as an independent medium of exchange apart from a countries’ own currency; really doesn’t fit into the full definition of money. However, sovereign backed crypto currency is in the process of becoming a real thing in China, and the US Treasury and Fed are exploring the possibility of a dollar denominated crypto currency.
I will never go crypto. I admit there is a lot of money to be made. Like they did with Tulipmania in Holland in the 17th. century and about the same intrinsic value big smile