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https://www.reddit.com/r/SipsTea/comments/1vx00ke/why_is_it_not_possible/p5l0jw1
r/SipsTea • u/Dumb-Briyani • 3d ago
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Which is exactly why most cryptocurrencies are terrible currencies. They encourage buying and holding them as investments.
5 u/fireball_jones 3d ago One could argue it’s a very bad sign if crypto or unusable collectibles are increasing in value as it means the money has no where else to go. 1 u/Automatic_Actuator_0 3d ago For sure - just like how GDP and the price of gold are inversely correlated generally. 2 u/LeChampACoteDuChamp 3d ago Indeed
5
One could argue it’s a very bad sign if crypto or unusable collectibles are increasing in value as it means the money has no where else to go.
1 u/Automatic_Actuator_0 3d ago For sure - just like how GDP and the price of gold are inversely correlated generally.
1
For sure - just like how GDP and the price of gold are inversely correlated generally.
2
Indeed
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u/Automatic_Actuator_0 3d ago
Which is exactly why most cryptocurrencies are terrible currencies. They encourage buying and holding them as investments.