i don't understand why cryptocurrency has value, please

Speculation that the technology will be adopted to more real life practical applications. As it gets a bigger share of the real economy, the value will grow exponentially and we're all hoping to ride it.

>>2992776
holy shit that gif

File: 1501890468525.png (1MB, 750x732px) Image search: [Google]

1MB, 750x732px

>>2992776
black market transactions.
money laundering store
network effect
scarcity
speculation.


stop asking this

>>2992787

He nailed like 6 cars and finally fell to his death.

The price of cryptocurrency is speculation that it will become the worldwide currency.

Ideally cryptocurrency will be optionally private, decentralized currency used for all payments. No other functionality I know of

Ask yourself why is gold worth anything?

Imagine gold that you can program and can store in your pocket, on a scrap of paper or even just in your head.

>>2992776

it's digital gold breh

>>2992813
>Ask yourself why is gold worth anything?

because it's physically scarce and people have been attached to for centuries.

>>2992813
>Imagine gold that you can program
impossible

>>2992844
wtf are you actually retarded?

>>2992923
r u

>>2992844
>>2992937
What >>2992813 & >>2992824 mean is that crypto (ie bitcoin for the most part) got the scarcity of gold + numerous other advantages over physical gold