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Both parties must be willing to deal with this volatility or find ways to mitigate the risks involved. Blatantly obvious way to deal with it --- convert crypto
by jqpabc123 3y ago
Both parties must be willing to deal with this volatility or find ways to mitigate the risks involved.
Blatantly obvious way to deal with it --- convert crypto into a more stable, more user friendly currency --- like I don't know, maybe fiat.
Want to buy my house? Call me once this has been done.
The article could have been titled, "Why Crypto is Not a Functional Currency" or perhaps "Money Fallacies 101".
The overarching fallacy of cryptocurrency --- success depends on fiat's failure. Otherwise, it's unlikely the ordinary Joe will be motivated to deal with it's inadequacies.