Most crypto is. Proof of work crypto is not and brings actual stability and longevity to the table. Most people don’t understand this. Proof of stake is never anything more than gambling.
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Cake day: June 10th, 2023
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Crypto has already started stabilizing. But only proof of work can demand the trust and longevity to make it so. Everything else has the threat of a scam. Do not trust proof of stake. Research those terms and the Birds Eye level of the crypto they represent for more info.
You’re close. 1 unless the coin is proof of work you can’t trust it. 2 the value it brings it in the replacement of third party trust for economic transactions and the infrastructure and labor required for that, along with global, instant access to transfer infinite amounts of value as well as store that value logically within your own mind.
Downvotes are coming but if you’re seriously intellectually curious where the value is, read the Bitcoin standard.
Commenting just to keep this particular comment in my history to write about later. I think it’s a backbone for a labor bill rights as well as a form of ranked choice voting