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/biz/ - Business & Finance

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49655368 No.49655368 [Reply] [Original]

The more people that invest (speculate) in a crypto, the less useful/practical it becomes as a form of currency.

>> No.49656217

>>49655368
Bump, I can't be the only one who thought this.

>> No.49656235

What is forex trading

>> No.49656275

>>49656217
Yes, but crypto was born when forex was already a thing, I'd say it's not fault of crypto, it's an inherent trait of money

>> No.49656379

>>49656235
a thousand times smaller than the monetary supply.

>> No.49656479

>>49656275
forex tends to be a fraction of the GDP and circulation of money in most economies. Hence it doesn't influence currency value as much as it responds to it. With crypto it is the other way around. Stores WILL have to constantly change their prices and account for risks in value fluctuation.