Making Sense of Crypto and Web3
web3.lifeitself.us
web3.lifeitself.us
> Crypto Asset: A digital asset that is traded on a blockchain. Crypto assets have no use-value, no fundamental-value, and no income-cashflows and are a manifestation of the greater-fool-theory.
From https://web3.lifeitself.us/concepts/cryptoasset. It also describes crypto assets as "libertarianism performance art".
Or is this "Web3"? It all makes sense now.