75 () posted 3 years ago by chieflemons 3 years ago by chieflemons +75 / -0 57 comments share 57 comments share save hide report block hide replies
No it's not?
“anchor[ed] to the price of national currencies like the U.S. dollar, the Euro, and the Yen,”
There seems to be no correlation between fiat performance and crypto performance. You're essentially saying the stock market is anchored to USD because people use USD to buy stocks