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As somebody who saw family wealth slashed 100x due to crazy inflation just 20 years ago, 2x fluctuations are nothing. This is the perspective worth recognizing.
by vernon99 5y ago
As somebody who saw family wealth slashed 100x due to crazy inflation just 20 years ago, 2x fluctuations are nothing. This is the perspective worth recognizing. Bitcoin is actually very stable by comparison. Edit: fat fingers typing.
- M277 5y agoOuch. My condolences. Yeah, if things are that bad, it could be viable. Civil war is another viable scenario. However, one should also assess the situation properly if his/her country is in civil war. If things go bad and you have to escape, "safe passage for x amount of gold I have on hand" is more guaranteed than "safe passage for x BTC I promise to pay".
- Webox 5y agoNothing guarantees you at all, that bitcoin doesn't fall today from 60k back to 100.