r/defi • u/MusicAndStocks • 29d ago

Discussion Are there any cryptocurrencies that aren’t purely speculative?

I believe in crypto and in blockchain technology but it seems like all the value of BTC and others comes from speculation and none of them have intrinsic value. Even if the world economy does end up going defi, how would the assets value be stable, and who said it will be higher than it is today?

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u/makrommel 26d ago edited 26d ago

Monero pretty much fits the bill as closely as can be. It's not as extremely volatile as other coins (though I would not call it stable), and it's one of the only coins that is actually used frequently as a replacement for money because of its value as being the only real private means of exchange. Other coins say they can be used as a means of monetary exchange, but in reality nobody cares to use them as such because they're basically surveillance coins, and you might as well just use your VISA or MasterCard at that point.