Hi,
Newbie to bitshares here, I'm gradually learning out how it works.
Is this basically true?
When someone buys a bitasset, they are effectively buying BTSX, denominated as their chosen bitasset and market pegged to the 'real word' value of the asset? So bitassets are like a special type of BTSX, and buying them creates just as much demand for BTSX as buying BTSX directly does? Therefore if speculating on bitassets become popular, BTSX price has a massive rise?
I'm not sure if this is right or not so please explain.