Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by AnimalMuppet on Friday November 17, 2017 @04:34PM
(#15726148)
One of the things the better fiat currencies have is stability of value. Bitcoin (at least so far) has failed rather dramatically at that. It's been mostly up so far, which makes many people willing (even eager) to accept the lack of stability, but it definitely hasn't been stable.
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Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by grandalf on Saturday November 18, 2017 @09:44AM
(#15729109)
Very true. It's interesting to think of what you describe as a side-effect of the design decision (by Satoshi) to "bootstrap" the currency by strongly incentivizing speculative mining.