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It changes the value fluctuations. Right now the biggest problem with using crypto as your day to day money is that you cannot trust the money that you put into

• hk__2 8y ago
  > Right now the biggest problem with using crypto as your day to day money is that you cannot trust the money that you put into crypto to stay at the same value over time Isn’t that a problem you have with any currency?
  • SilasX 8y ago
    Existing, non-crypto currencies don’t have that problem, mainly because of inertia: so many people are using it that exchange rates don’t affect ordinary prices denominated in the currency. When a cryptocurrency has such adoption, the volatility problem will go away too.
    • jonex 8y ago
      It isn't just inertia, there's also decades to centuries of developments in currencies with stability being one of the core goals. There are also plenty of examples of the system failing when current best practices weren't followed, even when adoption has been high. The authorities behind the most popular crypto currencies today doesn't seem to be aiming for stability as a primary goal. The currencies would not be very meaningful as instruments for speculation if they were, which probably is the reason why stable cryptocurrencies aren't as popular.