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The USD and the Zimbabwe dollar are functionally equivalent, yet, I'm sure you're not saving in ZD.
by 627467 5y ago
The USD and the Zimbabwe dollar are functionally equivalent, yet, I'm sure you're not saving in ZD.
- hocuspocus 5y agoYou're only proving our point. USD is a reasonable currency for savings and/or as world-wide currency as long as it's liquid, non-volatile, backed by a big, stable and powerful economy. This could change, but not overnight. BTC's main uses (speculation and laundering) are possible only as long as it can be exchanged into fiat. This can change tomorrow if the right strings are pulled.