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the dollar and euro are also assets in that way. you're usually just not aware of its fluctuations (against each other, against other currencies, and against co
by enki 14y ago
the dollar and euro are also assets in that way. you're usually just not aware of its fluctuations (against each other, against other currencies, and against commodities)
look at any of the US dollar indexes, which examine the exchange rate of the dollar against other currencies to shake the belief that the dollar is stable: https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1349549800008&chddm=98923&chls=IntervalBasedLine&q=NYSEARCA:UUP&ntsp=0&ei=135wUOCtEOKuiAKYggE https://www.google.com/finance?chdnp=1&chdd=1&chds=1...
- negamax 14y agoNot quite. My point is Bitcoin is more like gold rather than any fiat currency. Gold can still be inflationary by finding new mining rigs and asteroid mining in the future but Bitcoin has a upper limit. So it will always be an asset against all fiat currencies. Which will hinder trade as the way I have listed above.