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This is a really good point. Why would anyone spend their crypto on amazon if it could be worth 30% more in a week?
by eosophos 9y ago
This is a really good point. Why would anyone spend their crypto on amazon if it could be worth 30% more in a week?
- vocatus_gate 9y agoBy that rationale, why would anyone buy a flatscreen TV today, when they know they could wait a few months and it would be a lot cheaper?
- kylnew 9y agoexactly that sort of thing DOES happen though - particularly with goods that have planned obsolescence cycles annually, so I'm not sure it's even a good comparison in the first place TBH Think of it more from a general level and on even bigger purchases like a house. Everyone stopping buying houses for a year because they think sitting on their own currency (regardless of interest rates and the housing market) will make it cheaper is not a good thing.