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> stable well-managed currency Are you suggesting that BTC is either of those? The incredible price-swings, fluctuations, and inherently deflationary nature (w
by achierius 2y ago
> stable well-managed currency
Are you suggesting that BTC is either of those? The incredible price-swings, fluctuations, and inherently deflationary nature (which encourages hoarding!) are not great properties for a peg-target to have.
- oleganza 2y agoBTC saved the value over the years for all its holders, including even those who bought during the height of mania and have suffered temporary setback for a few months. For an asset where no one promised anything but uncertainty, that's the only asset that you can rely on as your insurance against asset seizures, inflation, pumps-and-dumps (compare BTC with any other token with marketing - BTC marches on, while all these tokens get pumped/dumped and then stay forever at zero).
- whimsicalism 2y agoask chatgpt what i mean
- mbonnet 2y agoUseless comment.
- whimsicalism 2y ago[flagged]
- sitkack 2y agoMost people don't actually want to learn how to fish. They just want a machine that turns water into whine.