And I mean LITERALLY explain like I’m 5, I literally know nothing of the technical terms and such
In: Economics
The same way people make money with stocks or shares of legitimate companies.
They buy coins (or shares) at a low value, and then sell them to other people after the value goes up.
You used to be able to buy 1 bitcoin for *pennies*. Now 1 bitcoin sells for $50,000. There was a lot of buying and selling that went on between those two values.
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