Post
Topic
Board Economics
Re: Why can't I buy stocks with Bitcoin anywhere?!
by
leyton11
on 17/06/2020, 05:59:04 UTC
Hi folks!

Why isn't that possible?! At least I haven't seen the possibility anywhere. It's a huge gap in the market! I'd even buy stocks with 5% or more fees and pay with Bitcoin. Can't be that nobody has ever thought of making money and offering it to you?! So why not? What am I missing?
You are missing the people who need to buy bitcoins. Bitcoin is actually just a commodity, not a currency. That's why it happened that you couldn't buy stocks with bitcoin. but if you find someone who wants to buy bitcoins then you will most likely trade with that person. But I think you shouldn't be too hard, just exchange bitcoin for fiat money and then buy it on the stock exchanges. It's easier than finding someone who needs to hold bitcoin. Wink