Excellent article highlighting the real issues with crypto becoming commonplace. But I would almost say that crypto is currently closer to stock, in that you can buy it with money, it has some value, and you can sell it for money. Any thoughts from the community on that comparison?
Beekey Cheung is a software engineer with a large amount of enthusiasm for economics and a passion for education. He loves mentoring other programmers and is currently building an application to te...
Currency exchanges and stock exchanges are pretty similar mostly because there's an open market for them. But the same could be said for almost any good. Prices for staples such as corn, coffee, and oil are determined by markets just like stocks, even though some may be perishable.
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Excellent article highlighting the real issues with crypto becoming commonplace. But I would almost say that crypto is currently closer to stock, in that you can buy it with money, it has some value, and you can sell it for money. Any thoughts from the community on that comparison?
Currency exchanges and stock exchanges are pretty similar mostly because there's an open market for them. But the same could be said for almost any good. Prices for staples such as corn, coffee, and oil are determined by markets just like stocks, even though some may be perishable.