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What level of volatility would be acceptable for you to begin transacting in bitcoin? Imagine you bought a coffee with BTC for $3 in 2014. How much did you rea
by chatmasta 9y ago
What level of volatility would be acceptable for you to begin transacting in bitcoin?
Imagine you bought a coffee with BTC for $3 in 2014. How much did you really pay for that coffee?
- warent 9y agoThe purist would say $0 because you paid for it in BTC
- wereHamster 9y agoNot more than current fiat currency volatility (say, USDEUR or EURCHF). If I transfer 1000 USD to my bitcoin (or LN) wallet at the beginning of the month, I want it to remain roughly stable till the end of the month, so I can easily pay for stuff throughout the month without worry about loosing half of it.