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In FX trading people are putting up capital to create exchange ratios, which is information. Right now people are putting up capital to determine how much coin
by matthewmarkus 9y ago
In FX trading people are putting up capital to create exchange ratios, which is information. Right now people are putting up capital to determine how much coin issued by a central bank with a "deflationary" bias written in code and run and administered by a collective (i.e., Bitcoin) is worth vis-à-vis USD. Something is most definitely being created.
- mrb 9y agoYou seem to be arguing that trading fiat↔fiat is comparable to trading fiat↔BTC. In which case I agree. That's the point I was making.