Post
Topic
Board Economics
Re: Is the US Dollar Too Volatile?
by
KingdomHearts
on 31/10/2018, 05:43:39 UTC
yes the US Dollar  also is Volatile but its volatility not every day vs Bitcoin
the bitcoin volatility every day and it is depends on the sell and buy
yes your words it is true

But then the volatility of USD is not really seen because it is the currency that is used to measure any other currency, it is like the basis on how we look to other currency. If we see the value of bitcoin without even a comparison to fiat, usd to be specific, then we can see bitcoin just like how we look to USD.
Exactly. That is the concept by the way. There is fluctuation in the relative values and you do not know the currency that is actually fluctuating. It might be your currency devaluing if the price of dollar is rising and it might be your currency gaining worth if the later declines.

On the other hand, the value of dollar may stay on the same level and you might call it volatility due to fluctuation in the worth of your currency. Same could be said for Bitcoin so yes if we avoid measuring BTC in USD, and just look at BTC, it would be like if you are looking or scaling any ordinary currency.