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Except that is mostly printed money. You can't take the crypto market cap seriously. If a significant portion of it tries to get converted from "magic internet
by righttoolforjob 4y ago
Except that is mostly printed money. You can't take the crypto market cap seriously. If a significant portion of it tries to get converted from "magic internet money" to real money the price will plummet.
- kuished 4y agoYou realise that applies to “real money” too right?
- rvba 4y agoStock has some intrinsic value though. When we talk about Europe - the stockmarket is not so inflated: mostly boring companoes doing boring stuff -> that brings a lot of cash flow.
- righttoolforjob 4y agoWhat do you mean? When converting real money to...?