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Fine, remove the "bubble" part. The idea that bitcoin is fine if you can afford to not touch your savings for a few years is incompatible with the idea it's a v
by PoignardAzur 3y ago
Fine, remove the "bubble" part. The idea that bitcoin is fine if you can afford to not touch your savings for a few years is incompatible with the idea it's a viable alternative to national currencies in unstable countries.
- npoc 3y agoI was countering the idea that just because it's value fluctuates in the short/medium-term (natural for anything growing in value) doesn't prevent it from being an escape hatch from the continuous devaluation of fiat across the world. It absolutely is, _providing_ you are willing to store your wealth for at least 4 years (i.e. across a full halving cycle). I said nothing about it being a viable currency.