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thematrixturtle
1590 days ago
Stocks reflect the actual economy and over the long term go up around 8% per year. Bitcoin reflects nothing except Bitcoin itself.
1 comments
bmitc
1590 days ago
> Stocks reflect the actual economy
Is there a source for that?
link
arcticbull
1590 days ago
Yeah, it's not the actual economy. But indexes that track the S&P or NASDAQ track a selection of the best of the economy and are performing very well.
link
thematrixturtle
1590 days ago
At the end of the day stocks represent shares in actual companies that make profits and losses. Obviously this doesn't prevent speculative bubbles (exhibit A: GME), but sooner or later the tide goes out and we'll find out who's been swimming naked.
link
Is there a source for that?