Re:El Salvador's crypto experiment ends in failure
by the_gastropod on Sunday March 09, 2025 @09:20PM
(#43315899)
Volatility is a measurable thing, though. In 1985, 1 USD was worth 260 JPY. In 2011, 1 USD was worth 76 JPY. In that 40 year history, those are the extreme high/low ends. That's a ~70% swing over the span of 26 years. By comparison, Bitcoin had a 95% swing between September 2024 and December 2024.
All volatility is not equal. The degree to which Bitcoin is volatile is unmatched by any government currency I'm aware of.
All volatility is not equal. The degree to which Bitcoin is volatile is unmatched by any government currency I'm aware of.