Yo, yo, welcome to Crypto 101.

This is Matthew Aaron.

And today we're talking about what gives cryptocurrency value.

What gives cryptocurrency value?

And I love this conversation.

I love this topic because this is like the first thing anybody asks you when you say,

oh, I invest in cryptocurrency.

Or you should invest in cryptocurrency. Are you trying to them advice well why is it worth something it's just digital it's there it's like

they don't do anything well for some of them that's that's that's pretty true actually for most of them

that's pretty true but what gives anything value what gives the u.s dollar value what gives gold

value and if you look at and look at the different kind of value you have for different things

it's all the same it's we the people give it value because we value it there's nothing more than that

we value it for example like a friendship why would you value a friendship because Because it's important to you. Why do you value a family heirloom? Because it's important to you. Or maybe it's worth something. Maybe it's worth, it's not only worth something to you because of emotional or historic or nostalgia, but it's worth something to other people as well. Because if you take a Rolex watch that's passed down through generations and you give it to somebody else, they're going to say, well, shit, it's a Rolex watch.

We can pay you X amount of money for it.

So it's valued to other people as well because brand, because of name, because of function, because of, well, there's lots of reasons.

And we're going to go through some of the reasons of what gives cryptocurrency value and what

is value today. So first, what is value? Value as a noun is, yes, I went to the dictionary

for this, is an estimate of the monetary worth of something. It's what someone will pay for something, or it's the generally for this. It's an estimate of the monetary worth of something.

It's what someone will pay for something, or it's the generally accepted worth.

Now, this is from Oxford.

Dictionary, can't debate that.

There's different kind of values.

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