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by CryptoGhost
1966 days ago
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>Once people can price a coin in terms of real-world assets like storage, it becomes easy to see when the coin is overvalued. Prices work in the opposite manner, it's the sum interactions of market participants that drive the price equilibrium. Something being related to a "real-world asset" doesn't make it any easier to price. See "Economic calculation problem" for further discussion. |
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