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Nope, but while a currency is designed to devalue BTC if doesn't crash IMHO is highly unlikely to devalue since it's a finite non-controlled currency. USD on t
by atmosx 12y ago
Nope, but while a currency is designed to devalue BTC if doesn't crash IMHO is highly unlikely to devalue since it's a finite non-controlled currency.
USD on the other hand devalues over time by design. So these two currencies are designed in totally different style and both wouldn't exist if they hadn't been designed that way (USD to devalue over time and BTC to increase value over time).
- codelitt 12y agoRight. But with our system, the employee's wage/salary is entered as USD. We purchase BTC at the time that payroll is ran at the current price. So assuming that the employee isn't going to spend it and that BTC is forever increasing in value over time - the employer isn't giving away a valuing asset because they purchased it and gave it away within a few moments while the employee gets the benefit of a valuing asset. I don't think anyone would complain about that.