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The mild fluctuations of the Bitcoin price can look like a walk in the park compared to the Venezuelan local currency.
by gomox 7y ago
The mild fluctuations of the Bitcoin price can look like a walk in the park compared to the Venezuelan local currency.
- headsoup 7y agoI'm not familiar with the history, but is Venezuela's currency constantly volatile or are recent events an anomaly? How do you define Bitcoin's fluctuations as 'mild' - i.e what are you comparing it to other than the local currency to determine stability?
- gomox 7y agoThe comment was mostly tongue in cheek. Venezuelan currency has been hyperinflating for a while. So people are used to referencing prices in currencies other than the one used for the actual payment.