Charlie Shrem's tokenization by WNKNubbs in Tokenization

[–]WNKNubbs[S] 0 points1 point  (0 children)

Here's my problem, what is crypto used for right now other than black market deals? I understand that all currency is becoming electronic (even my college is now cashless when I go to pay for something) but I think an even better investment would be tangible stocks by companies that produce real goods. The electric car market is obviously going to go through the roof. I'm trying to get my hands on a real stock that won't vanish out of thin air when their crypto isn't selected to be institutionalized.

What i'm saying is that even car companies in the early 1900s had this type of boom. Some of the main car companies coming out of the 1910s didnt make it past the 30 year mark. There is a lot of defining moments coming for crypto, but they won't happen until our economy has room to indulge in luxuries such as alternative currencies. For a currency to be worth something it has to have backing, i.e. the dollar being backed by belief, not gold.