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Well said. Legal tender is the difference here, USD comparisons are apples and oranges IMO. as ETH is a volatile cryptocurrency and not US legal tender at all,
by oxide 9y ago
Well said. Legal tender is the difference here, USD comparisons are apples and oranges IMO.
as ETH is a volatile cryptocurrency and not US legal tender at all, while USD is the exact opposite: a fiat currency considered legal tender not only in the US but worldwide.
- fyi1183 9y agoLegal tender has a specific legal meaning. I can assure you that the USD is not legal tender almost everywhere in the world.