With cryptocurrency, you're right they're not an "investment" in the traditional sense. Right now more of a long-term gamble.
In my opinion the value is in the network and the ability to move money instantly (or at very least faster than traditional methods), securely, to anywhere in the world for a fraction of a cent. That ability alone is valuable and hasn't existed until now.
There are other arguments along the lines of deflationary vs. inflationary, anonymous vs. private, irreversibility of transactions (no charge-backs) that are good or bad depending on your views, but in general crypto represents a brand-new "investment" (or gamble if you like) for this generation.
The different cryptocurrencies that various teams are building follow different philosophies, but I think the space in general is pretty interesting.
With cryptocurrency, you're right they're not an "investment" in the traditional sense. Right now more of a long-term gamble.
In my opinion the value is in the network and the ability to move money instantly (or at very least faster than traditional methods), securely, to anywhere in the world for a fraction of a cent. That ability alone is valuable and hasn't existed until now.
There are other arguments along the lines of deflationary vs. inflationary, anonymous vs. private, irreversibility of transactions (no charge-backs) that are good or bad depending on your views, but in general crypto represents a brand-new "investment" (or gamble if you like) for this generation.
The different cryptocurrencies that various teams are building follow different philosophies, but I think the space in general is pretty interesting.