The fiat
currencies in circulation today have also experienced the same predicament that Bitcoin is in at present, Bair claims.
However, with many digital
currencies in circulation today, the biggest question that you should ask yourself is: how can you identify the best picks for crypto investment?
Not exact matches
Many common stocks issued
today do not have par values; those that do (usually only
in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of
currency in circulation), for example a penny (USD$ 0.01) par value on a stock issued at USD$ 25.00 / share.
The first function of a
currency is to serve as a stable medium of exchange, and experience
today with various crypto assets
in circulation are not at all satisfactory
in this regard.