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Is BTC really that volatile or does the USD have its own volatility we should also factor in? Considering how every currency has been massively devalued over th
by antibasilisk 4y ago
Is BTC really that volatile or does the USD have its own volatility we should also factor in? Considering how every currency has been massively devalued over the past 3 years, and considering BTC is less volatile than the S&P 500, I'd say the USD itself contributes significantly to the perceived volatility.
- codetrotter 4y agoIt’s hard to tell for sure. But it is definitely the case that today it is safe for me to receive my pay check in USD, as it allows me to pay my rent and buy my groceries and buy a little bit of BTC for a portion of it. Whereas, receiving my pay in a fixed amount of BTC would be a very big gamble today. Maybe if I move to El Salvador, it could be different :thinking_face: