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Demystifying the wild world of crypto | Laura Shin

TED Tech

CHAPTER

How Does Crypto Currency Convert to Actual Dollars?

How is the price determined? It's just simple, you know, supply and demand. The more people that were selling it, the more the price was dropping because then there was a greater supply, but less demand. So any of these exchanges will convert that for you as long as they list that trading pair. That seems like good fodder for your next book, although it is all playing out in public right now.

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