This is what happens when the federal reserve prints trillions and trillions of dollar$$$$$$$

Cryptocurrency, same crap in terms of intrinsic value.

 

That's ridiculous. Who wouldn't want this at the current low price?
https://opensea.io/assets/0x495f947...169387874742045520495136140238626078200954881

https://flatulence.space/1776.mp3

 

What's the intrinsic value of gold?

 

What the actual? Maybe I should spend more time trying to understand NFTs but this just seems mental.

 

No idea but gold def has it.

 

I heard the other day that over the last two years that US earnings went up 22% during a period when stocks went up 30%. So on an earnings point of view quite reasonable especially if the economy is going up 6.4%. A lot of traders get fooled putting far too much thought into how far stocks came off the tremendously oversold Covid bottom. They also get fooled by focusing on the hottest stocks or sectors and there are other sectors that are still moderately cheap.

 

When you buy an NFT, you are buying a record of ownership stored on a blockchain.
https://www.makeuseof.com/what-do-you-actually-own-if-you-buy-an-nft/

So you own the record but not the actual item it refers to.

See also
https://www.nftlicense.org/

 

So like what, $1 is gold's intrinsic value?

If you have no idea, then you are just fucking clueless opining on crypto's intrinsic value.

 

Domain Name:
eliteinvestor.com

Price:
$10,799

 

Chill the f out!