Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli...
by rcxdude on Thursday November 30, 2017 @04:58AM
(#15814637)
I don't recall the GP saying currencies don't fluctuate. But there's a few orders of magnitude difference in the rate at which they fluctuate.
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli...
by monort on Thursday November 30, 2017 @07:37AM
(#15815245)
If we compare only fluctuation down, then except for the first bitcoin bubble, they are actually the same magnitude difference: around 2x
https://static4.businessinsider.com/image/5a09d3f635876e0101...
Though fiat currencies fluctuate less frequent so far.
Incidentally, US dollar is the most well managed currency and that is why Americans do not understand the value of bitcoin.