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Wouldn't it be more accurate to call it a commodity? Stocks are (usually) stakes in a company, whose employees are actively trying to make a profit for the sha
by danielbarla 14y ago
Wouldn't it be more accurate to call it a commodity? Stocks are (usually) stakes in a company, whose employees are actively trying to make a profit for the shareholders, whereas currencies just kind of... sit there (and move around, more or less randomly, at least, non-predictably).
- smrtinsert 14y agoi believe currencies are traded in the form of FOREX futures, which are contracts that must be settled on a date sometime from now. they are not mediated by an exchange like NASDAQ if memory serves, its just one big crazy open market. i would say bitcoin trading belongs in the category of DIGEX then, a digital currency exchange.