Re:Bitcoin Plummets Below 40K
by selfhoster11 on Wednesday May 19, 2021 @07:21AM
(#27207086)
> Fiat has central banks to keep them somewhat stable.
That's part of my point. Fiat had decades to stabilise, digital currencies are basically newborns so it's not fair to expect them to pop out already matured and stable.
> Stocks have companies who are producing actual value.
Unless they don't (or their value is decoupled from meme/insider manipulation that artificially controls their prices), like GME or Tesla.
That's part of my point. Fiat had decades to stabilise, digital currencies are basically newborns so it's not fair to expect them to pop out already matured and stable.
> Stocks have companies who are producing actual value.
Unless they don't (or their value is decoupled from meme/insider manipulation that artificially controls their prices), like GME or Tesla.