Just had an interesting conversation with the parents tonight.
They're old school and not of the information technology era as are a lot of that generation. I was telling them about my journey into cryptocurrency and the enjoyment of learning about and investing in something new and exciting. As we were chatting, they asked me some pretty deep questions in their quest to understand this new medium more, which I had trouble giving a straight answer too. I thought I'd post them here to see what others have in response to them:
- What is the value of cryptocurrency? ( not what coins are worth but what is the physical value of it or what gives it value ?)
- What are the overall ethics of cryptocurrency? ( Good or Bad , is it a bunch of people just trying to make money with little respect to society and laws or is it genuine innovation with positive intent ?)
- Where/How will cryptocurrency fit into the structure of the world going forward ?
All pretty deep questions and not something that the average crypto investor is generally thinking about when there is gains to be had....
Food for thought :-)