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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by megous on Friday March 10, 2017 @09:31PM (#13843851)
Except it's not stable at all. If you hold USD long term, because of the inflation target of the FED, you'll be able to buy less and less. USD lost a massive amount of value in the previous century alone, despite the massive advances in every field of human activity.

https://www.measuringworth.com/uscompare/relativevalue.php

Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by hossbeast on Friday March 10, 2017 @10:11PM (#13843991)
Warning: Division by zero in /home2/sam/public_html/m/calculators/uscompare/relativevalue.php on line 156
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by fennecfoxen on Saturday March 11, 2017 @09:52AM (#13845577)
You actually want https://www.measuringworth.com/uscompare/ for the index – as https://www.measuringworth.com/uscompare/relativevalue.php which is the calculator results page. (And it was coded by an Ohio State University college student when it was on EH.Net, before being maintained by me as a college student, before being transferred over to Sam Williamson's personal-business site about ten years ago where it is now – a transfer which I always thought was weird but that's academia for you apparently... regardless, it explains the code quality.)
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by gnaritas on Saturday March 11, 2017 @03:06AM (#13844733)
Yes it is stable, inflation is a small steady largely predictable thing, that's what stability is, predictability. By contrast, Bitcoin is highly unstable, no one has any idea what it's value will be in a week, let alone 30 years down the road, but due to the dollars stability you'll have no problem finding 30 years loans denominated in USD. The USD is the very definition of a stable currency. Stable doesn't mean never losing value, it means being predictable enough to plan for the future.