Pages:
Author

Topic: Uncontrollable cash outflow with crypto. Does it really exist? - page 3. (Read 500 times)

hero member
Activity: 742
Merit: 526
In plain terms, this thing beats me. I read it every now and then that bitcoin as well as other cryptocurrencies contribute to capital flight. The logic behind such claims is that someone can buy bitcoins for dollars in one country and sell them for the same amount of dollars in the other. This is the point which I never truly understood. To me, there is no real or virtual transfer of dollars across the border so there is no capital lost at all. No dollar gets lost or transfered.

Am I the only one who has doubts about this claim?
Pages:
Jump to: