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ASX edges higher as Aussie dollar remains near seven-months lows and Bitcoin passes $US100,000 — as it happened (www.abc.net.au)

submitted 8 months ago by Baku@aussie.zone to c/ausfinance@aussie.zone

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[–] trk@aussie.zone 3 points 8 months ago

All of those things are linked to assets that actually exist, and produce something. Their value is based on the tangible thing that is produced.

Bitcoin is based on how many crypto lock scams were successful in getting the ransom paid this month, and how much dirty money a crime syndicate needed laundering.

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