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Significant volatility is not a property of any decent currencies. I respectfully disagree with your assertion of the supremacy of nano for small donations on t
by arcticbull 5y ago
Significant volatility is not a property of any decent currencies. I respectfully disagree with your assertion of the supremacy of nano for small donations on the basis of volatility.
Your statement that understanding of volatility is sufficient is [edit](incomplete IMO). Ask anyone holding Dentacoin haha.
- pkulak 5y agoFair enough. I guess it boils down to what's worse: you _will_ lose money on the transaction because someone is taking it from you, or you _may_ lose money after the transaction. For example, take a $1 donation that PayPal takes their 50-cent fee out of. That's a guaranteed loss of 50%. You'd have to be extremely risk adverse to take a 50% loss to avoid even crypto volatility. It's all tradeoffs. Volatility sucks. Fees suck. But they suck more or less depending on the situation.