The upshot of BTC is that there isn't a real governing body that has political goals. If you're in the euro you've effectively outsourced monetary policy. Wit

The upshot of BTC is that there isn't a real governing body that has political goals. If you're in the euro you've effectively outsourced monetary policy. With BTC there isn't any. Expectations are a huge deal when dealing with money as that's the only thing that gives it value; other people's expectations. So if your currency is one that everyone expects to fluctuate wildly over time they will behave differently than if they expect it to be very stable.