How does the use of the Mexican peso sign vs the dollar sign affect the value of digital currencies?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe that the use of currency signs, including the Mexican peso sign and the dollar sign, does not have a significant impact on the value of digital currencies. The value of digital currencies is primarily driven by market demand, technological innovation, and regulatory factors. While currency signs can influence perception to some extent, they are not the sole determining factor. It is important to focus on the underlying fundamentals and developments in the digital currency ecosystem when evaluating their value.
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