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A comment on Bitcoin Price Hits All-Time High of $19,786, Topping 2017 Record. Parent comment

Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by jasonlaramburu on Tuesday December 01, 2020 @11:06AM (#25266363)
I agree that the hyperinflation in VZ is a problem, but is that solved by Crypto? BTC's prices is highly volatile as well. In a bear market, there can be significant price slippage even while the recipient is waiting for a BTC transaction to confirm.
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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by lawn on Tuesday December 01, 2020 @11:39AM (#25266756)
Highly volatile, absolutely.

Yet it's nothing compared to hyperinflation. In May 2019 prices in Venezuela doubled in only two days... every day.

While Bitcoin is volatile it's relatively stable compared to what Venezuela and Lebanon are going through today.

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