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A comment on Bitcoin rises. Parent comment
What ultimately sets the price of stocks (and prevents undue speculation) is the profit earned by a company.
This mechanism doesn't exist in currencies, where the value comes only from what people think it's worth.
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What ultimately sets the price of stocks (and prevents undue speculation) is the profit earned by a company.
This mechanism doesn't exist in currencies, where the value comes only from what people think it's worth.