CNN CNN This Morning Weekend June 4, 2024 12:44:00
Why? >> well, boris, because cryptocurrency has no fundamental value. you have to ask yourself, why is it trading at whatever the current market price is? theres no cash flow. traditional assets have cash flow. normal currencies are valued to one another. theres exchange rates that are determined based upon things like gdp growth in the two countries, inflation rates. that doesnt exist in cryptocurrency either. so what youre left with is an asset class that trades entirely on sentiment. as weve ...
Source: archive.org