Snippet: But Cryptocurrency Still Relies On Traditional Currencies

It is funny to me how Bitcoin specifically is tied to our traditional currencies. Because it is not used in our daily transactions, its value needs to be converted to some form of currency that we use every day. This means it still relies, in a way, on the fluctuations of the traditional currencies. Maybe I got it all wrong. In this episode, Darren shares with me how it is true to an extent and it is also a reason why cryptocurrencies like Bitcoin went down in value in 2023. What do you think? Listen to the full conversation here: https://open.spotify.com/episode/2ymdztRlvqjJ3YLXrTg7hS?si=q07HHWayTz6fJfB-lBCsVg