Living Only on Bitcoins

Re:Living Only on Bitcoins by funkysquid on Sunday May 08, 2016 @01:23PM (#11654794)

Interesting idea, but it feels a bit like "how to use the stock market instead of a bank account". The author mentions fluctuations but seems to think bank fees would be more of an issue - but bank fees could be like $100 at most, where bitcoins could fluctuate all your cash by any percentage at all.

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Re:Living Only on Bitcoins by f_allwein on Sunday May 08, 2016 @01:38PM (#11654866)

I am also missing anything on the stability of Bitcoin over time. People in Europe, and especially Germany, are obsessed about that, given the experiences of hyperinflation in Germany in the 1920s, when it took 200 billion marks buy a loaf of bread: http://www.usagold.com/germannightmare.html

The Euro may not be perfect, but at least there are rules and institutions working to prevent this happening again.

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Re:Living Only on Bitcoins by pointsphere on Sunday May 08, 2016 @03:23PM (#11655348)

https://btcvol.info/ shows the volatility over the last few years. Still very wild, but looks like it is decreasing.

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