Post
Topic
Board Economics
Re: Would crypto gain full intrinsic value?
by
LUCKMCFLY
on 16/12/2021, 03:41:01 UTC
Can this issue get a remedy?

it's a little complicated to calculate product prices based on bitcoin or cryptocurrency, unless we pay for the product directly into fiat during transactions, if we have to hoard bitcoin every transaction there is a possibility it will drop from the initial price due to market corrections, the seller will experience losses and it's difficult to turn over capital
then in my opinion it is difficult for crypto to be used as a means of payment like fiat

It is very difficult to try to give an intrinsic value, since we take into account that for this we must do a kind of capital appreciation, and this is actually very complicated, because the sources are supply and demand, data must be sought directly from the Exchanges and the Exchanges do not give or publish these data, since in most of them they appreciate all their history with their respective KYC and they will not risk giving such sensitive information, and on the other hand the criteria of the person who If you have to do that appraisal you have to have a good idea of how the market moves, it is something that turns out to be very difficult, not impossible, but very difficult. If it were a case that you had to do, you would charge a lot to do it.