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Re:Amazon denies report of accepting Bitcoin as payment by phasnox on Monday July 26, 2021 @11:32PM (#27968320)
It baffles me the amount of blind fanatical hate Bitcoin gets in HN.

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.

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?

Re:Amazon denies report of accepting Bitcoin as payment by herbst on Tuesday July 27, 2021 @03:47PM (#27976727)
Not compared to CHF no, USD is on a stable but slow down for me.
Re:Amazon denies report of accepting Bitcoin as payment by phasnox on Tuesday July 27, 2021 @02:01AM (#27969126)
I think they are just used to compliance.