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Currencies (at least useful ones) are stable. Bitcoin will never be stable, therefore never a currency: merely a speculative commodity.
by MaysonL 14y ago
Currencies (at least useful ones) are stable. Bitcoin will never be stable, therefore never a currency: merely a speculative commodity.
- teebs 14y agoBitcoin could be stable. I think it will have a hard time being stable because of the deflationary pressures, but it could theoretically be a stable currency someday when there's a significant economy of people using Bitcoins.