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Currency stability is a relative and psychological issue; for someone in Russia, people holding USD are crazy adventurers, as value of US dollar fluctuated from
by EVa5I7bHFq9mnYK 4y ago
Currency stability is a relative and psychological issue; for someone in Russia, people holding USD are crazy adventurers, as value of US dollar fluctuated from 120 rubles to 50 and now back to 76, all within a year. For a Bitcoiner, a USD hodler irresponsibly lost 99% of his savings within a few years.
- Laaas 4y agoThe important part is its value relative to the value of your expenses.