Given that it’s convertible into USD and other “real” currencies, how do you expect this line of reasoning to hold?
Inventing a currency out of thin air so they can mint as many dollars as they want and you and other geniuses can form a secondary market where all of you can trade it is the genius of brave and the point of this article.
Instead of paying you, they make their own currency and pay you. You can make some money off of it in the secondary market because some other idiot thinks it's worth actual money.
You know what else inarguably has monetary value? A perfect one to one copy of an american 100 dollar bill. This absolutely has monetary value and therefore you should buy it, just like how you should buy crypto.
I'm not sure how you integrate a distributed heroin based system into a browser.
What I am comparing is the illegitimacy of heroin to the illegitimacy of the crypto issued by Brave. I am sorry that you were incapable of deducing this. But now with this simple explanation of the nature of an analogy you get it!
If you do, I’ve got some bad news about people making their own currency.
If a company issues stock and says this piece of paper represents a percentage of the company, this is also not producing currency out of thin air.
If I print out american dollars that don't represent anything and start trading those dollars in the capital market then I will go to jail for counterfeiting. This is 100% producing currency out of thin air.
But wait, change that american dollar to crypto, then everything is legal. This is because crypto represents high technology and buzz wordy concepts. Everybody knows that buzzwords makes everything legal and right.
This is a "tech" site, no stupid people exist on a "tech" site because of the word "tech," so everything you say must be 100% correct and infallible. Makes sense.