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| Topic | Why is cryptocurrency crashing hard? |
| hollow_shrine 12/22/17 10:05:42 AM #6: | Because people are starting to realize it's a kind of capital gains and that it can theoretically be taxed as such, and because recent reporting about it reveals it's value to be somewhat illusory. Granted the value of all money is illusory, but most currencies are backed by something real that carries consistent value. Cryptocurrencies are not. They're a bubble that is largely kept afloat by our attention spans. --- Whatever happened to standards? Whatever happened to bare minimums? 15 Transwomen of color have been murdered since 1/1/2017 ... Copied to Clipboard! |
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