Should cryptocurrencies be considered a form of gambling?
Is it accurate to view cryptocurrencies as a form of gambling? Do the risks and uncertainties associated with their valuation and adoption warrant such a comparison? Should investors be wary of treating their cryptocurrency holdings akin to placing bets on a game of chance? What are the distinguishing characteristics of cryptocurrencies that might lead one to argue against equating them with gambling? Ultimately, does the potential for significant gains, along with the possibility of steep losses, justify categorizing cryptocurrencies as gambling-like investments?