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by mthoms
3107 days ago
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>Bitcoin isn't growing in value because it represents shares of a business that makes real money Neither is Tesla making real money. Or Amazon. Yet their stock prices continue to grow from speculation about how valuable they might be one day in the future. There's nothing inherently wrong with that. It's the same with crypto. For sure those two companies are "safer" bets than most (or perhaps all) cryptos... but the underlying principle is exactly the same. It's just degree of risk involved. |
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