RE: The system is Broken, Bitcoin solves this19 Nov 2023 17:11
What underpins the value of cryptocurrency?
Bitcoin is neither issued nor regulated by a central government and, therefore, is not subject to governmental monetary policies. Bitcoin's price is primarily affected by its supply, the market's demand, availability, competing cryptocurrencies, and investor sentiment.
My point exactly Fleccy , you dont seem to grasp that whatever aspect of the trad-fi or de-fi world/s you look at , its people who ultimately set the underlying values and regulate the supply and demand (as they always have with any commodity , currency , asset .. you name it) .... BTC is the 'currency' of a digital wrld that now preveails ( and yes i can see the pitfalls of that too !) ... but ultimately its people who will decide whether it sinks or swims.... not the rules & regs of the past . present or future (other than through the people )!