Re:Cambridge Bitcoin Electricity Consumption Index
by joshxyz on Wednesday February 10, 2021 @08:59AM
(#26089122)
It's volatile because it is exposed to a fuckton of markets, but 1btc will always be 1btc.
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Re:Cambridge Bitcoin Electricity Consumption Index
by lxgr on Wednesday February 10, 2021 @09:03AM
(#26089208)
That's not how measuring the "store of value" quality works at all.
For example, inflation of a given currency is measured using a basket of goods and services, not other currencies.
Re:Cambridge Bitcoin Electricity Consumption Index
by perpetualpatzer on Wednesday February 10, 2021 @09:07AM
(#26089275)
This could be said of any economic good.
"1 Tulip bulb will always be 1 tulip bulb. It's just that people but them with a bunch of different currencies and all the other currencies have been really volatile relative to tulips (though not relative to one another)."