Hello All Bitcoin Enthusiasts,
With this current pandemic situation and me having to work from home all the time, I was saving up on travel time to office and using that time to invest some money in cryptocurrencies. I have been reading a lot about cryptocurrencies and wanted some clarification on a question I have. ” Why is the value of cryptocurrency compared to marketcap?”. This makes no sense to me. USD has its own value and so does Bitcoin. Why compare it to fiat currency and make everyone think that it cannot reach new heights. Agreed marketcap is a thing but cryptocurrency has its own value. Am I missing a point here. Please help me get out of this confusion.
Thanks in advance.
submitted by /u/sriramakrishnakota
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