Life comes at ya fast. Good reminder that currencies are not investments but speculation and hedges.https://twitter.com/rt_com/status/817223459273134080 …
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there are fundamentals. No interest rate differentials or inflation to give price info. Purely s/d
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Based on what? Gold has actual demand as an industrial good. Not simply meant to be bought and sold.
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Buyers and sellers. BTC has demand on store of value, speculation, transfer of wealth, etc.
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Bitcoin fails Carl Menger's theory of money.
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