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Bitcoin is still useful for settlement. It's not so useful for pricing things.
by cwkoss 9y ago
Bitcoin is still useful for settlement. It's not so useful for pricing things.
- jnordwick 9y agoNo its not. Of BTC is constantly in flux you would never want to write or buy bonds in it. You wouldn't know what you are getting paid back in. Strongly related, if you settle in btc the currency risk (that the fx rate would change) is too great.