No, it's like pulling cash from banks and sticking it under the mattress. Sure the wider cryptocurrency market is a financial wild west, but bitcoin is relatively stable (I don't mean non-volatile) at this point. It's a reasonable alternative.
The problem is that it is not sticking cash under the mattress it’s the equivalent of buying trading cards and sticking them under the mattress..
You are exchanging cash for crypto which means the exchanges now have to deal with the cash deposits somehow and where can they put it? Well they’ll put it either in banks which solves nothing or invest it as they see fit which likely to be even more problematic.
dogma1138|2 years ago
You are exchanging cash for crypto which means the exchanges now have to deal with the cash deposits somehow and where can they put it? Well they’ll put it either in banks which solves nothing or invest it as they see fit which likely to be even more problematic.
vidanay|2 years ago