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RE: Financial Education #5: A New Monetary System Is Coming

in LeoFinance3 years ago

What is important is the value of the assets that you have.

Of course, although many such assets may be degradable, or not?

Who values these assets? Market, demand and supply, I think. If there is no one to buy, what will be their value, what will be your wealth? Just a question from a newcomer.

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You've hit the nail on the head. Simply, value is determined by how many people want something because of how useful it is. This often translates to price because of supply and demand economics. When it comes to crypto, some people have recognised the value that it has whilst others are getting there. Eventually this will be reflected in the price! Thanks for the comment!

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