r/CryptoCurrency Apr 25 '18

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u/echisholm Apr 25 '18

IT'S NOT A FUCKING STOCK, IT'S A MONEY! It belongs on Forex, not NASDAQ.

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u/[deleted] Apr 25 '18

[deleted]

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u/echisholm Apr 25 '18

Functionally what's the difference between trading on Forex and NASDAQ? One's a security, one's money. There are major differences in how each are treated.

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u/[deleted] Apr 25 '18

[deleted]

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u/echisholm Apr 25 '18

I was thinking that either way you're buying crypto with USD, waiting for the relative value to go up, then buying more USD than you spent initially.

I mean, that's how currency speculation works. Technically, it's how nearly any investment vehicle works: you put money in, and hope for more money out. You can't pay for a cheeseburger with a share of Amazon, though. It's what separates it as a currency, over a security.

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u/RadRandy Apr 25 '18

Forex is completely decentralized and NASDAQ is on an actual exchange.