RE: RE: Why Everything You Know About Investing In Crypto Is Wrong
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RE: Why Everything You Know About Investing In Crypto Is Wrong

RE: Why Everything You Know About Investing In Crypto Is Wrong

But why would the chance to buy stuff at Amazon using cryptos be good for the crypto market?
I mean, why should an average guy first exchance fiat with crypto... just to buy something? Wouldn't it be much easier to just buy using fiat directly?
Those new ways to spend you crypto will likely only be used by people already in the cryptosphere. But for rising prices, you need new money in the market.
There has to be something that makes Mr. Joe Average wanting to buy cryptos, as he is able to use them for something, that fiat can't do. In the moment, I don't see much like that, but maybe i'm wrong here.
And the illegal uses (buying drugs, laundering money etc.), that are one motor of the crypto markets won't exist forever.

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