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How about having your funds sliced by sort of Cyprus scenario? How about getting ill for half a year and finding out that the inflation has eaten most of your s
by alexro 13y ago
How about having your funds sliced by sort of Cyprus scenario? How about getting ill for half a year and finding out that the inflation has eaten most of your savings away?
- jonknee 13y agoI'll take my chances on a major currency (Euro/USD/GBP) over BTC in terms of volatility any day. You could find out that your BTC savings have become nearly worthless in six months. Or if you are unlucky enough to have a debt in BTC you could find out your debt has skyrocketed because of more BTC speculation (imagine you had a 1000BTC loan back when it was $10 a coin).
- gaadd33 13y agoWhat major currency has such hyperinflation that it would eat away savings in half a year?
- GhotiFish 13y agohalf a year? Nothing comes to mind. Interestingly, 10 years is a different story! http://www.economist.com/content/big-mac-index http://www.economist.com/content/big-mac-index