Crypto Unlike Cryptocurrencies, Do Fiat Currencies And Shares Really Have An Intrinsic Value?

[Good-Guy]

The term "shares" refers to the percentage of capital held by small or big investors in a company. Just like cryptocurrencies, shares are quite volatile in nature and they may rise in price or decline in value at any time. There has been a lots of comparison between shares and cryptocurrencies, both of these assets have been one of the most interesting aspects of investments. Before the creation of cryptocurrencies, many people used to invest in stock market. However, when the cryptocurrencies were launched, many people diverted their attention to cryptocurrencies. Many people state that since cryptocurrencies are basically not backed up by any government, state, or any governmental authority, it has not intrinsic worth or value. However, I was reading an article where it was mentioned that in reality even the shares and fiat currencies also do not have any kind of intrinsic value because we may never know when the price of a fiat currency may fall. I remember that in the year 2012 or 2013, the government of Cyprus suffered from severe economical crisis rendering the fiat currency "useless". We may also say the same thing about shares when the stock market fell during the Covid-19 pandemic and 2008 global crisis. So, do fiat currencies and Shares have an intrinsic value unlike cryptocurrencies?

 

[Sotherefore]

Definitely , The fiat currency have a value in the sense that it is being used everyday for our daily activities but for it to have a value to the points that people would invest just like cryptocurrency is not possible, because it is not a volatile currency but just a stable currency representing the value of a particular country's currency.

The reason why people are so much interested in cryptocurrency is because of the high volatlie nature and because of this, people are likely to make so much money by investing in crypto-currency.

Considering the fact that bitcoins was really cheap when it was invented really shows that people can actually make so much money if they are to invest in cryptocurrency but I haven't heard any situation of people making so much money by investing in the Fiat currency.


Both of them has a very important role to play in facilitating easier transaction and representing a country's currency value.

Cryptocurrency can never be used as a normal mode of payment because of its volatile nature and people who believe this is really possible you should consider how it will be to use a volatile coin to be purchasing something and so on.