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Are people evangelizing the benefits of Etsy stock over fiat currency?

• cassac 5y ago
  No, but they are saying that bitcoin losing 50% from its high is saying something about it. But Etsy dropped the same amount in the same time period. Which is causation and which is correlation?
  • wbsss4412 5y ago
    Etsy market cap: ~20 billion Bitcoin market cap: ~656 billion Is it really that hard to figure out? Edit: re correlation v causation. That’s the problem, people having been pumping Bitcoin as an alternative to gold, it’s supposed to be uncorrelated to the stock market…
• nexuist 5y ago
  By definition anyone who is trying to get you to buy stock of any kind is trying to get you to believe in the benefits of stock holding over saving fiat currency, so I think it is fair to say people are evangelizing Etsy stock the same way they evangelize Bitcoin.