Cryptos Are a Speculative Asset, Powell Says

The video discusses the limited utility of certain assets as a form of payment, highlighting the lack of public interest in using them for transactions. It further explains that these assets are not reliable stores of value but are primarily speculative in nature.

In what ways do speculative assets fail to offer value?

What implications does the speculative nature of an asset have for investors?

What is the general public interest in using speculative assets as payments?

How do speculative assets compare to traditional stores of value?

What characteristics make an asset speculative?