New answers tagged exchange-rate
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I think, it does not. Because we also don't buy things with gold. But the value of gold is not lessing.
We have gold jewelry and it does not lose is value because of laying in our caskets
0
USD on Kraken is worth more than USD on cex.io, so you don't need quite as many of them to buy a bitcoin.
Suppose you have a choice to have one USD on either Kraken or cex.io. Which would you rather have? There are a lot of factors you would take into account:
How reliable is the exchange? How likely are they to go out of business and not be able to get you ...
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