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From the point of view of people who live with a volatile currency (aka highly inflationary) it doesn't really matter, does it?
by 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 agoGiven 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 agoOnce 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?