4 ms·
Not too surprising, during my life the Canadian dollar has drifted between 0.65 USD and 1.07 USD, and prices for certain goods like books and electronics barely
by CoolGuySteve 12y ago
Not too surprising, during my life the Canadian dollar has drifted between 0.65 USD and 1.07 USD, and prices for certain goods like books and electronics barely ever keep up.
Bitcoin may currently be a lot more volatile, but the CAD isn't that great either.
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1194649200000&chddm=2489791&q=CURRENCY:CADUSD&ntsp=0&ei=N8gEVMC6K8SY9AbTkoCwAw https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&...
- jacquesm 12y agoDuring my lifetime bitcoin went from being worth fractions of cents to more than $1000 and back down again to $400 or so. The $CAD may not be the most stable currency in the world - when compared to the US$ - but bitcoin is doing a lot worse, orders of magnitude worse. If you compared the Canadian dollar to other currencies than the US$ then it starts to look a lot better, bitcoin on the other hand still looks far worse.
- deleted 12y ago[deleted]
- imaginenore 12y agoIt's not doing worse. It's doing orders of magnitude better unless you bought in at the last peak. Not many bitcoin owners will complain that bitcoin went up 10% or 1000% or 100000%.
- MichaelGG 12y agoA cube earth may be an imprecise model, but a perfectly spherical model isn't that accurate either.