Re:Amazon denies report of accepting Bitcoin as payment
by blibble on Monday July 26, 2021 @11:42PM
(#27968374)
> It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation
yes, they're used to monetary stability
unless they've used Bitcoin
Re:Amazon denies report of accepting Bitcoin as payment
by herbst on Tuesday July 27, 2021 @05:29AM
(#27970396)
Stability is so relative. Comparing my portfolio to 1 year ago. My dollars and euros lost value, all my crypto is worth at least twice as much. I don't care about stable if this is the long term game.
Re:Amazon denies report of accepting Bitcoin as payment
by thecupisblue on Tuesday July 27, 2021 @07:53AM
(#27971335)
>dollars and euros lost value
>crypto is worth at least twice as much
of the currency that lost value? do you see the irony here?
Re:Amazon denies report of accepting Bitcoin as payment
by phasnox on Tuesday July 27, 2021 @11:22AM
(#27973522)
Of the amount of goods and services you can buy with it.
Fiat is just a convenient unit of account, that serves the purpose of contrast.
Re:Amazon denies report of accepting Bitcoin as payment
by herbst on Tuesday July 27, 2021 @07:54AM
(#27971341)
I compare all to CHF, but it doesn't matter if you have a somewhat stable base currency you see the same I described.
Re:Amazon denies report of accepting Bitcoin as payment
by tick_tock_tick on Tuesday July 27, 2021 @03:44PM
(#27976695)
> My dollars and euros lost value
How'd you fuck that up the market has been shooting up every week?
It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation and wealth seizure by the government.