Reply to post: Re: Real Gains

Kill the blockchain! It'll make you fitter in the long run, honest

Anonymous Coward
Anonymous Coward

Re: Real Gains

However you call it, there's no doubt that a lot of people have made a lot of *real* money on crypto-currency speculation.

Yup. Key is the realisation that the coin itself doesn't generate the value, it's the trading in it (and all the other contributing factors that affect the trade value such as scarcity). If you want to be really honest, it's not all that different from FX trading - after all, we;re no longer dealing with money (= tied to a commodity such as gold) but currency (= whatever a government decides it's worth, just that in the crypto coin world there's no such thing as a central government).

I may have some of that wrong, not exactly an expert :).

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019