Defend this

A business has valuation because it delivers a product or a service. Crypto is a whitepaper and a nice website. Nothing more.

DELIVERS SERVICE OF PRINTING YOU MORE MONEY

ok then don't buy any crypto and shut the fuck up fucking retard

i cant really. there should be maybe 20 cryptos tops:

bitcoin
eth
link (im all in)
one fiat abstraction coin
and a handful of meme defi projects to sucker in the boomers, jews, and rockefellers

Cant wait until Craig shuts your entire ponzi down. Start a business moron. Or is hard work too much for you?

How many scam penny stonks are there

>he believes in Faketoshi and is a bootstrap bro
I'm lmao'ing at your life faggot

You forgot xrp

A stake in a company that has an obligation to make a profit for stakeholders. Shittoken scammers issue a token to retards and have no obligation to do anything. They don't even have a profitable business model or even a business plan.

Checked

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no he didnt

I don't think anyone can "defend it". Depends on what you mean by the word. You should "understand" why there are so many. Are you confused by it? I'd be very surprised if there aren't a lot more that aren't being counted.

Theres quite a few cryptocurrencies that offer products that are considered valuable, ethereum and chainlink for example offer real world products beyond the shitcoin gambling you see on biz. If you cannot understand this, I'm not sure what to tell you. When you "own" a share, it's just a digital sheet of paper that declares you own a share, even though you cannot do whatever you want with it, and you actually don't even own it. Your brokerage holds it for you. That is a huge world of difference between crypto and stocks the freedom to do whatever you want and brand new technology is right in front of you, and you still can't see it.

Why yes I do believe in Austrian economic theories, how could you tell?

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>chainlink
token not needed and third parties aren't required for publishing data to the blockchain. Also the token isn't a stake (at all) in the company.

>Apple
>Stock not needed
Brilliant.

Embarrassing.

If you can explain to me a practical use case for Link I'll let you off. Don't tell me to look through the archive. Let's hear a use case. Pretty sure we're about to see just how useful Link is.

>Embarrassing.
Ok. Good thread, and good talking with you. Not sure I waste my time here anymore.

You're comparing Apple stock (or any stock for that matter) to a token that is suppose to serve a function and isn't even needed for said function and implying that this nonstake you have in Chainlink is the same as having a stake in a publicly traded company.

Go ahead and answer this one though

chainlinked toilets to distribute big mac loyalty reward points.

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I'll give you a hint
100% are scams

There were only 2000 shitcoins last year. Chinks unironically killed this market.

There should only be 3 cryptocurrencies.
BTC/ETH/LINK.
The rest should die.

Hey man, the kid wants to think he’s “investing”. Maybe when he grows up he can realize the difference between allocating capital for growth and speculation.

0.04298610116062473% of all available cryptocurrencies are worth investing in

Take the dotcom bubble and make it open source, this is basically what you get. Nobody in their right mind thinks even 30 percent of these are valuable.
Add in the fact there are tons of dead coins in that number but failed internet startups get delisted, the list also serves as an obituary depending on how you look at it.
Caveat emptor.

Xrp as a token not only is faster and more cost effective then other crypto’s but also provides odl(on demand liquidity) to free up nostro/vostro accounts also xrp holders can vote on the ledger for changes basically cryptocurrency is a insanely vague term

no one can confiscate my BTC
eat shit

BTC maxis don't want to give #2 it's due by separately listing "Ethereum Tokens."

kek craig faketoshi wright and his bitshit v scam
keep desperately posting culty im sure he'll prove he's satoshi by signing any day now