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Because people are interested in stability and making money, with individual weights on the two. Bitcoin has first mover advantage, but it's sorely lacking in
by ethbro 9y ago
Because people are interested in stability and making money, with individual weights on the two.
Bitcoin has first mover advantage, but it's sorely lacking in stability.
If an average person were confronted with knowledge that their bank might collapse, they're going to run to FedCoin, not fully decentralized stuff.
- freejulian 9y agoYes, to escape the mess made by the federal reserve people will run to FedCoin! Doubtful. Also, bitcoin is very stable.
- thedufer 9y agoIn two comments here you've called USD unstable and Bitcoin stable. Can you explain what stability of a currency means to you? Because it appears to be very different from how the rest of us define it.