What Gives Crypto Its Value?

What Gives Crypto Its Value?
Where does crypto get its value? Where does anything get its value?It’s really quite simple: If enough people agree that something is valuable, it becomes valuable. That was how ancient currencies like gold or even cowrie shells derived their value, and this applies to the value of artwork. It doesn’t matter why people desire something, only that the desire exists in high enough volumes. This is the point at which economic value is generated.The given price of an underlying asset will depend on the characteristics of the market and, just like many central bank currencies, each token in the crypto…