Re:Mastering Monero: The future of private transactions [pdf...
by dragonwriter on Friday May 26, 2023 @12:01PM
(#36085914)
> The US dollar has lost >97% of it’s value just since the inception of the Federal Reserve in 1913…
Yeah, that’s the result of placing function as medium of exchange nd unit of account over function as a store of value, as a deliberate measure to both facilitate exchange and encourage investment outside of the money in productive assets.
Also why, while Bitcoin might arguably be a decent investment if you can take the volatility (note that I am not saying that it is, either), its crappy money compared to major world currencies.
Yeah, that’s the result of placing function as medium of exchange nd unit of account over function as a store of value, as a deliberate measure to both facilitate exchange and encourage investment outside of the money in productive assets.
Also why, while Bitcoin might arguably be a decent investment if you can take the volatility (note that I am not saying that it is, either), its crappy money compared to major world currencies.