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Denominating prices in BTC doesn't magically make the price of BTC any less volatile. Prices would have to be updated several times every day.
by lottin 5y ago
Denominating prices in BTC doesn't magically make the price of BTC any less volatile. Prices would have to be updated several times every day.
- kragen 5y agoIt's true that if you can update prices instantly, offering a trade doesn't stabilize the prices of the things you are offering to trade. But that is not how the real estate market works; bids and offers are made with a validity time measured in days or weeks, not minutes, and asking prices are often printed in office windows. But it's a silly idea. It's not going to happen, and the point of my comment was to explain why.