To: Alberta's Child
Currencies all over the world are constantly changing in value relative to other currencies! Long before Cryptocurrency.
13 posted on
12/31/2022 7:58:16 AM PST by
Codeflier
(My voting days are over. Let it burn...give the people what they want good and hard. )
To: Codeflier
The difference is that those currencies can always be used to buy and sell in their “host” markets no matter how much they fluctuate against other currencies.
I have never heard of a country called Bit that has adopted Bitcoin as its currency. And I have never patronized a business establishment that accepts cryptocurrency for my purchases, either.
20 posted on
12/31/2022 8:14:54 AM PST by
Alberta's Child
("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
To: Codeflier
“Currencies all over the world are constantly changing in value relative to other currencies!”
indeed they are!
here’s a few example of crypto “changing” value against USD:
Terra: -100%
Solana: -93%
AMP: -93%
Cardano: -80%
Ether: -67%
Bitcoin: -63%
Dogecoin: -55%
USD itself has lost about 10% buying power under Democrat hard leftist governance ...
25 posted on
12/31/2022 9:42:09 AM PST by
catnipman
(In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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