Cryptocurrency is Money Made from Thin Air

ohreee
2 min readMar 19, 2021

By Kingsley Obasi

“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto

https://unsplash.com/photos/JrjhtBJ-pGU

The notion that cryptocurrency is money made from thin air is shortsighted; it is, technically so.

It is true that there are no existing physical assets which back cryptocurrencies, and since they are not wholly supported by governments either, most of the world has not yet embraced the idea of cryptocurrency as…

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