AB1 abarta resources limited

If crypto is a “currency” and arguably it is when you have...

  1. 1,597 Posts.
    lightbulb Created with Sketch. 386
    If crypto is a “currency” and arguably it is when you have something like sand coin being used as a currency in its own platforms, then Bitcoin is equal to USD. International trade between countries are mostly done in USD even though they have their own currencies at home. That is the “utility” behind Bitcoin.

    Fiat can be printed limitlessly but Bitcoin price per coin going up is pretty much equal to printing. So there really isn’t much difference between them.
    Last edited by Mom88: 10/07/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.