47 ms·
Thanks for the link I guess I was wondering if bitcoin vs USD and gold vs USD have similarities. I remember thinking they would, but then finding out that at le
by gnicholas 3y ago
Thanks for the link I guess I was wondering if bitcoin vs USD and gold vs USD have similarities. I remember thinking they would, but then finding out that at least during certain periods, bitcoin was boosted by low interest rates, as people would borrow money to bet on bitcoin. That led bitcoin to drop when interest rates went up.
I'm curious if the correlation is generally positive (as people seek both when getting out of cash) or negative (for the reason described above).