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>I know which one I'd prefer. Yeah, the dollar. Because I can be confident that my $USD won't lose half its value in two months. That's what I need in a curr
by SantalBlush 5y ago
>I know which one I'd prefer.
Yeah, the dollar. Because I can be confident that my $USD won't lose half its value in two months. That's what I need in a currency.
- senectus1 5y ago!remindme 1 year :-P
- SantalBlush 5y agoFrom the time you posted this, bitcoin's price has fallen more than nine percent. That's not a currency I'd ever want, regardless of its price one year from now.
- senectus1 5y agoyeah it's volatility is very scary, but that has nothing to do with what's going to happen to the USD. I suspect we're on the verge of a nasty bubble and the only tool the Fed has shown they're confident of using is printing more money.
- SantalBlush 5y agoThe Fed doesn't print money, and the fact that so many people on HN repeat that falsehood is just sad. The Fed expands the money supply through the banking system, and they also decrease the money supply the same way. It is entirely different from printing money.