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I honestly can’t tell if this is satire. Fiat is stable in so far as the number doesn’t change, but good luck with that purchasing power. Bitcoin is a scarce c
by unboxingelf 4y ago
I honestly can’t tell if this is satire. Fiat is stable in so far as the number doesn’t change, but good luck with that purchasing power.
Bitcoin is a scarce commodity with no issuer. It cannot be counterfeited on the whim of a small group. Its volatility should decrease with adoption.
- reducesuffering 4y agoDown 66% in 1 year after the whole world knows about it. Any day now. Wasn't it supposed to be an inflation hedge? Fiat sure retained value much better this year...
- cflynnus 4y agozoom out
- pxue 4y agoYou're precisely talking about the impossible trilemma.