4 ms·
1 BTC is still worth 1 BTC. Seems pretty stable to me.
by anon9001 6y ago
1 BTC is still worth 1 BTC. Seems pretty stable to me.
- drdeca 6y agoThis doesn’t really work as an argument. Obviously the thing to look at is the purchasing power. If the amount of bread, industrial equipment, and land, that you can purchase with a given amount of currency A, varies much more than it does for currency B, then the purchasing power of currency A varies much more over time than that of currency B. This is obvious.
- uoylj 6y agoHow exactly does a currency go from a value of zero to trillions (were it to become a major global settlement currency) in a decentralised way while maintaining stable purchasing power? That would imply that since it was worth nothing in 2009/2010 it should remain worthless forever to maintain its purchasing power.