What is the practical significance of virtual currency and why do so many people buy it?
Attracting traffic with the dream of getting rich.
With traffic, there will be attention; when some people get rich, you want to get rich too.
So you enter the market.
Seeing so many people entering, the project team comes to create projects, and the number of people in this industry keeps increasing.
No practical significance?
Then may I ask what value do banks in reality create? Do they produce material or create technology?
They do not.
They simply optimize the allocation of wealth.
They let those without money save in banks, and lend to those with money. Banks earn the difference.
You hold coins to protect your assets, locking your assets in this industry.
Your assets can go anywhere; they are still your assets.
Can your money be spent abroad? Maybe dollars can, but many other currencies are useless.
However, currency, as a global super-sovereign asset, is viable.
As the strongest medium of value carrying and exchange, can you say it has no value?
Then what else has value?
When you say it has no value, you are measuring all value in terms of physical units.
If that's the case, everything is actually void; only material has value.
In fact, material is the least valuable; what is virtual is valuable.
If one day you become a billionaire, you would turn your money into fame.
So-called fame can better reflect your value.
Fame does not create value, but countless people are willing to exchange tangible items for intangible ones.
Who is high, who is low, whether there is value, you will know if you think about it.
