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Does anybody really hold EUR or USD though? They hold gold or stocks or similar, denominated in USD. You could say Bitcoin is the same as gold (which is also de
by RyanZAG 9y ago
Does anybody really hold EUR or USD though? They hold gold or stocks or similar, denominated in USD. You could say Bitcoin is the same as gold (which is also deflationary?), but has gold really been a particularly viable way to store value? Gold may never again rise to the price it was 5 years ago, despite being deflationary. Deflationary isn't enough or even required to be a store of value, it rather needs to be in demand and liquid.
- brokensegue 9y agoyes? I hold USD in my checking/saving account right now...