4 ms·
I’d argue it’s useful for many people who live in countries that suffer from hyperinflation.
by almost_usual 3y ago
I’d argue it’s useful for many people who live in countries that suffer from hyperinflation.
- kjkjadksj 3y agoI feel like an asset that doesn't rise or fall by a factor of 10 a year would be a lot more useful for that purpose. Even bartering levis blue jeans would offer more price stability than btc.
- deleted 3y ago[deleted]
- almost_usual 3y agoBlue jeans aren’t very salable in the sense that you have to find a blue jeans buyer in order to exchange them for something else.
- kjkjadksj 3y agoLikewise for bitcoin. In either case the levis conversion rate is pretty stable unlike bitcoin. You can go on marketplaces like poshmark and others and readily buy and sell these jeans at prices that are both stable and widely agreed upon.