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by frzj
1843 days ago
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The reason being the fear of missing out on getting more fiat money back than they paid for. If you buy ETFs you at least indirectly incentivize firms who produce usefull stuff like medicine, food, shelter, insurance or trading (not by itslf useful but it serves an important role in our economy).
Now that I think about it, maybe you are onto something. Even if crypto is just a fad it was an important signal for governments and the markets. |
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