Coin Market at a glance
Apr 29, 2022
1 minute
By Richard Giedroyc
Cryptocurrencies now have something in common with the NASDAQ and bond market: In times of economic uncertainty, investors lose their appetite for these products in favor of gold. editorial, “Economists have distinguished between the ‘chartalist’ theory by which money is granted value by the power of the state and the ‘metalist’ view that money only has true value if made up of a scarce commodity… Crypto investors need the latter to be true, but the situation in Russia is piling up ever more evidence in favor of the former.”
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