3 ms·

Volatility!=Inflation

• biorach 5y ago
  Hyperinflation is one-way volatility. In either case the value changes rapidly making the "currency" in question useless as a long-term store of value.
• dmitriid 5y ago
  From the point of view of people who live with a volatile currency (aka highly inflationary) it doesn't really matter, does it?
  • adolph 5y ago
    Given Bitcoins overall direction compared to the dollar, it appears deflationary (worth more over time) rather than inflationary (worth less). https://www.statista.com/statistics/326707/bitcoin-price-index/ https://www.statista.com/statistics/326707/bitcoin-price-ind...
    • dmitriid 5y ago
      Once again, you're completely missing the point. Yes, it's both deflationary and volatile. What part of "300% value swing over the year" do you not understand?