The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.
Most assets work that way, if everyone sold Nividia stock then it would tank as well. Most things outside of food and shelter only have value due to our collective belief. Diamond and water paradox is constant in society
Most assets work that way, if everyone sold Nividia stock then it would tank as well. Most things outside of food and shelter only have value due to our collective belief. Diamond and water paradox is constant in society
Is it a currency or an asset? You replied claiming it’s a currency below.
I think an asset is anything that can be converted to liquid, so that depends if you think crypto is liquid or not, which probably depends on location
So you think it’s an asset, not a currency?
It doesn’t matter what I believe, I was referencing an economic textbook on what an asset and currency are
What do you believe it to be?