The cryptocurrency industry can be regarded as a cryptostar in a galaxy far far away. No man on earth could reach this star in his life time, people can only communicate this star through internet
Each cryptocurrency represent a country on this star. Buying cryptocurrency is like buying land of each country
Why would people on earth to buy lands in a star far far away?
1. it is delivered right away and you have full control and ownership once you have the key
2. the star is far away from earth thus secure from earth violence
3. the limited supply ensures its exchange rate will rise against forever-increaseing fiat money supply
I get it what you are trying to say, but did you even think a bit before writing/posting this over here? Weird comparison but yeah.. Ok.
1. True, you get your coins right away and have full ownership as long as only you control the key, but once you lose the key, there is no way you are going to get back your precious "lands" (read coins).
2. If I am not wrong, you are talking about crypto currencies right? Like you are comparing bitcoin with a star? Your second point kinda makes no sense at all.
3.I don't see any correlation between fiat money supply and the exchange rate of the coins. Again, increasing fiat money supply would end up being a disaster. Good luck keep up with the inflation with the increase of sudden money supply.