When buying CryptoCurrencies what is it that you are actually buying? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Francis Hunt, stock market trader and educator comments. Essentially all cryptocurrencies are trust based systems - neither fiat currencies nor cryptocurrencies have an intrinsic value. So is there some kind of utopian idea behind cryptocurrencies? The idea is to de-nationalise payment system; so you can hold all your wealth in ethereum and pay bills in such cryptocurrencies.

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