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Fiat currencies also can and have lost half their value plenty of times. Actually I can't think of any fiat currency that hasn't at least halved in value?
by bboygravity 2y ago
Fiat currencies also can and have lost half their value plenty of times.
Actually I can't think of any fiat currency that hasn't at least halved in value?
- graemep 2y agoUsually over a long time. They are a lot less volatile than Bitcoin. You can also offset the risks of sudden devaluation through matching assets and liabilities, trading derivatives and so on.