Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smooth
on 13/07/2019, 16:59:00 UTC
Tell me one asset which doesn't have its value based on belief and story.

Food. You can eat it. Etc.

Oh wait, you said

Quote
You just described every financial asset out there

That is probably true. If it is an asset based on money or tied to money there is certainly going to be an aspect of resale (which depends on there being a buyer who believes the story) and/or future cash flows (which depend on the story coming to pass).