Why Value Investors Hate Bitcoin
livemint.comCryptos are a strange asset class.
On one hand, they don’t have much value by themselves. On the other, they are extremely popular.
New cryptos are launched every week. Each claiming to solve some problem or another. Despite all the hype, people can go on with their lives just fine without understanding a word about cryptos.
But for a crypto enthusiast, people’s ignorance about the potential uses of cryptos is not a reason to dismiss its importance.
In fact, they would argue for more awareness. They would say cryptos are the future of money itself, as we know it. Thus everyone should learn as much as possible about cryptos.
In financial markets, supporters of cryptos seem to be winning the argument. This asset class is gaining greater acceptance
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