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re: What was the most over-hyped software movement? VIEW POST

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re: Most 'real world' currency also has zero intrinsic value. Most major currencies throughout the world only have value because the governments respo...
 

That's certainly true. But with cryptocurrency, you don't even have the advantage of physical currency.

I think it's fair to say that based on the amount of Bitcoin that's been stolen or extorted from individuals-- including by Bitcoin exchange operators your supposed to be able to trust-- only a fool puts any real confidence in cryptocurrencies.

So where does that put us? Only government-regulated cryptocurrency could be trusted in any realistic way. And that basically defeats one of the goals of cryptocurrency.

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