Alessandra
Mon Sep 09 2024
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5 answers
1270
Why are prices never expressed in crypto?
Have you ever wondered why the prices of goods and services are rarely, if ever, expressed in cryptocurrency? Despite the growing popularity and adoption of digital assets like Bitcoin and Ethereum, we still tend to see prices quoted in traditional fiat currencies like dollars, euros, and yen. Could it be that the volatility of the cryptocurrency market makes it difficult for merchants and consumers to set and accept prices in these digital tokens? Or is there another reason behind this phenomenon? Join me as we delve into this question and explore the factors that may be influencing the way we express prices in the digital age.
