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I wish someone invented a currency that was a percentage of the stock market index. Maybe blockchain could help with this...
by em3rgent0rdr 9y ago
I wish someone invented a currency that was a percentage of the stock market index. Maybe blockchain could help with this...
- adambyrtek 9y agoThat's more or less what ETFs do.
- em3rgent0rdr 9y agoI know what an ETF and an Index Fund is (and that is where most of my money is held). My point was that would be great if had such a currency (i.e. is fungible, commonly accepted as a medium of exchange, and is easy to carry & transact) as opposed to something stuck in your brokerage account.
- astura 9y agoETFs are not currency...