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> Fiat I love bitcoin. I'm a proponent, and a casual developer of related services. But there's no way I'd use it to store sizable assets, which should be ob
by j42 12y ago
> Fiat
I love bitcoin. I'm a proponent, and a casual developer of related services. But there's no way I'd use it to store sizable assets, which should be obvious--volatility (particularly related to large sell orders) and the current state of exchanges, to say two?
I'm also as optimistic as anyone, but the reality is simply that it's more likely bitcoin will devalue before established governments and the IMF, despite their MANY glaring problems.
It's just not feasible as a primary means of asset storage or point-of-sale currency yet.