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Re:Facebook, Libra, and the Long Game by gomox on Tuesday June 25, 2019 @10:02PM (#20281239)
The mild fluctuations of the Bitcoin price can look like a walk in the park compared to the Venezuelan local currency.
Re:Facebook, Libra, and the Long Game by headsoup on Tuesday June 25, 2019 @10:12PM (#20281288)
I'm not familiar with the history, but is Venezuela's currency constantly volatile or are recent events an anomaly? How do you define Bitcoin's fluctuations as 'mild' - i.e what are you comparing it to other than the local currency to determine stability?
Re:Facebook, Libra, and the Long Game by gomox on Tuesday June 25, 2019 @11:54PM (#20281756)
The comment was mostly tongue in cheek. Venezuelan currency has been hyperinflating for a while. So people are used to referencing prices in currencies other than the one used for the actual payment.