Glossary · C

How does crypto have value?

Last reviewed:

Crypto has value only because people are willing to trade something for it. Some value comes from use, like paying fees on a network or sending money across borders. Some comes from limited supply. Much of it comes from belief and demand, which can change fast. Unlike a dollar, most crypto has no government backing it.

Related terms

Join the Academy

Start here. Learn first. The sample lessons, topic pages and glossary are open to read, with no card and no signup.

Start with the open sample lessons