Why Does Crypto Have Value? | Covering Crypto | Fidelity Investments

You can’t physically touch digital currencies - and it’s not always clear how they work. So why is crypto worth anything? The answer is… it depends on which cryptocurrencies you’re talking about. But it’s definitely the right question to ask. Check out this candid conversation about why some cryptos have value and why others don’t (looking at you, memecoins) – and get more comfortable being able to tell the difference. The team reviews various use cases for cryptocurrencies, exploring how value varies from bitcoin and ethereum to stablecoins and other altcoins. 00:00 Disclosures 01:08 Intros & Welcome 03:03 How value is determined in cryptocurrencies 09:09 What gives crypto value? 15:50 Stablecoins and value 21:07 Crypto’s intrinsic value & memecoins 24:24 Crypto as a store of value 25:48 Investing in crypto and using it to buy assets 32:47 Crypto and speculation 35:56 Crypto transactions 39:37 Goodbye and links to learn more Questions? Drop them below 👇 and we’ll reply right in the comments. Visit Fidelity Learn for crypto articles, videos, infographics, and more: https://go.fidelity.com/r2s8kz Register for upcoming Covering Crypto Livestreams: https://go.fidelity.com/h9pdm5 Watch past crypto livestreams: https://go.fidelity.com/5zjjqt • To see more videos, subscribe on YouTube:    / fidelityinvestments   • Follow Fidelity on Reddit:   / fidelityinvestments   • Follow Fidelity on Instagram:   / fidelityinvestments   • Follow Fidelity on TikTok:   / fidelityinvestments   • Follow Fidelity on Facebook:   / fidelityinvestments   • Follow Fidelity on LinkedIn:   / fidelity-investments   • Follow Fidelity on Discord:   / discord   • Ask Fidelity on X:   / fidelity   Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Assets, National Association, which is a national trust bank.   Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC. Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.  Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 1217436.3.0 1242115.1.0 #Bitcoin #Ethereum #Crypto