this post was submitted on 14 Sep 2023
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[–] [email protected] 3 points 9 months ago (15 children)

It's as legitimate as any country's currency, as long as that country is being run out of some random basement closet in Silicon Valley.

[–] [email protected] 2 points 9 months ago (10 children)

everything that you said so far just tells me that you don't understand it. Now I'm not saying that a lot of the crypto out there and actually the vast majority of crypto out there is garbage, that's entirely true, however Bitcoin, Ether, Solana, XRP, Cardano.. and several of the most popular and legitimate companies and technologies out there are exactly that, legitimate.

giant corporations Banks and financial institutions don't put billions of dollars into investments of crypto without validating the asset

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