alt Hacker NewsThere is nothing physical about any financial transaction (except some electrons moving I guess), that doesn't mean that they aren't supposed to approximate something that happens in physical reality. A billion dollars is control.
There is nothing physical about any financial transaction (except some electrons moving I guess), that doesn't mean that they aren't supposed to approximate something that happens in physical reality. A billion dollars is control.
Yes, the transactions are real, but trades are based on speculation and market cap is an extrapolation of much smaller trades.
The transactions are just as real for Bitcoin or a meme stock.