There are 180 officially recognised currencies in the World and more than 19000 cryptocurrencies.
A large part of their "value" is derived from their "scarcity" and their "cost" in electricity, to produce.
Scarcity of what exactly?
Some cryptocurrencies, don't have caps on their creation, such as Dogecoin.
The underlying technologies have value (apart from the engineered in "electrical cost" to produce).
In a World, where saving electricity and more electrically frugal technologies are becoming increasingly important, how can cryptocurrencies, be seen as "The future" of currencies?
How will future generations, view the squandering, of
untold sums, of the Earth's valuable, finite, fossil fuel reserves, on something "digital" that has zero sum value, in the furthering of humanity and the planet's health as a whole?
If technologies like cold fusion, or others, intended to greatly increase the electrical supply of the World, hence dramatically lowering its cost, become mainstream.. Wouldn't that make the cost to produce cryptocurrencies, dramatically lower also?
Hence taking away, a large part, of the irresponsible, engineered in, attribute of their perceived value?
Blockchain technologies, will likely be adopted by World governments, but they will be like China’s digital yuan.
Created by the government and regulated by the government.
Although the idea, of a currency, outside of governments and used by the people, has merit.
Cryptocurrencies, have done their dash, in terms of
trust, of having an increasing, or even stable value.
Government controlled crypto, won't have exactly the same problems..
Although, they have managed to totally abuse, the use of "fiat" (trust us, we know what we're doing) currencies..
The increased control over currency, which government crypto will allow, could possibly be, the missing "tool" in their use over the populace,
"expiry dates"..
My opinions only, but I guess my disdain of any created currency (which includes fiat), is pretty obvious..
But, back to Brainchip..
I don't think anybody, has a grip on the future value of BRN, if everything we are seeing, is actually what we "think" we are seeing..
The mind boggles..
All we need, is the World to hold it together and I think all shareholders, will be more than handsomely rewarded, in the future.
Brainchip, has produced something, that is low cost, that is wanted and something that benefits the environment.
Everything, the World desires!