Crypto Currency

[CaptOle]

Cryptocurrency worries me. It is being traded in a similar fashion to a commodity even though it is labeled as a currency despite it being materially worthless aside from the arbitrary value we place on it. It is backed up by nothing and can crash as soon as a single powerful individual decides that it is worthless to them. I'm also not a fan of no centralized monetary authority controlling the value of this currency.  It reminds me of something very similar that happened a couple hundred years ago in the Netherlands.
https://en.wikipedia.org/wiki/Tulip_mania