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To flip it around, yes, the USD has lost 30% of its buying power in a month before. To Bitcoin. When you define the USD as stability, then yes, USD is stable.
by reginold 5y ago
To flip it around, yes, the USD has lost 30% of its buying power in a month before.
To Bitcoin.
When you define the USD as stability, then yes, USD is stable. It seems like circular logic.
- NovemberWhiskey 5y agoIt only makes sense to talk about "buying power" when you can actually exchange a thing for goods and services which are priced in that thing. That doesn't apply to bitcoin, but it does to the dollar. This isn't arbitrary.