Is Crypto "Real" Money?
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Watch Lark Davis Video: Is Crypto "Real" Money?.
The dollar is backed only by the shared belief that it has value, as it is not backed by gold or anything else. Bitcoin, on the other hand, is real money, legal tender in El Salvador, accepted for payments in Brazil, and can be used at thousands of merchants worldwide. It is even more real than government-issued fiat currency.
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Disclaimer
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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