Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by centimeter on Thursday December 03, 2020 @03:46PM
(#25294590)
> Isn't it analogous to me investing my money in buying USD or the British Pound
It would be, if those were hard (non-inflationary) monies.
In a hypothetical future equilibrium where Bitcoin is a world reserve asset, buying Bitcoin is approximately isomorphic to buying spoos or other wide-market indices.
It would be, if those were hard (non-inflationary) monies.
In a hypothetical future equilibrium where Bitcoin is a world reserve asset, buying Bitcoin is approximately isomorphic to buying spoos or other wide-market indices.