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Then what do you compare it to?
by cheez 9y ago
Then what do you compare it to?
- adamnemecek 9y agoIt's part currency, part forex, part stock, part game money (like Wow gold or whatnot) and a couple of other things. It's also a vehicle for people from less than stable countries to store their money. This market is fundamentally underserved. They can't trade the US/EU stock markets easily. Crypto is volatile but very possibly better than the local currency.
- cheez 9y agoSounds like they're boiling the ocean, but I do agree that it would be better to have a decentralized worldwide currency. Not sure if that will ever be allowed to happen if people can't control it.