hi,
still one thing I don't understand: if for fiat it's the central bank governor for a country that decides the local daily currency price against the other fiat currencies, who decides the price for crypto? Bitcoin Core software? Exchange platform software's AI?
thanks
I think the community. Even got listed on the market for the very first time it is the traders who decide at which valuation we should buy and sell it. Typically if its a good project then its highly above the ico price or the rate which tokens have been pruchased during any kind of sale.
Exchange somehow affect it by using market maker but its always depend on the traders.