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This argument is undermined by the volatility of bitcoin.
by randomsearch 9y ago
This argument is undermined by the volatility of bitcoin.
- narrator 9y agoHave you looked at an Argentina peso chart? Anything is better than that garbage. People who had dollar based accounts in Argentina lost 70% of their net worth overnight in 2002 when the government forcibly converted their accounts to pesos, so that doesn't work either.
- randomsearch 9y agoSaying “here is an example of a currency that is also volatile” does not make bitcoin any less volatile.