Ninjastic
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Board Speculation
Re: Stability the shortest way to public adoptions.
by
prtty2gal2
on 02/11/2018, 07:29:15 UTC
Quote from: wumBowo on October 31, 2018, 07:37:42 AM
Quote from: Wind_FURY on October 30, 2018, 06:30:28 AM
Quote from: arpon11 on October 30, 2018, 06:15:04 AM
For bitcoin to be used as a store of value and a medium of exchanging for goods and services, It must be stable like others currencies.

What stability? What "other" currencies? Fiat currencies? Fiat is the worst store of value.

This is the purchasing power of the U.S. Dollar from 1913 to 2013, and it is contantly sinking.



Give me Bitcoin, or give me death. Cool
wow i just know this, so this is one of the reason back you can buy more things compare to these days with a same amount of money
Exactly why because the monetary system which is otherwise called fiat has been so flawed over the years, with it being covered up by inflation. Normally, most laymen would not understand that. We all know over the years, that there has been some policies that has even been jeopardizing the purchasing power of the fiat system all in the name of trying to place some level of control by all means, the level of monopoly and so many more, which in the long run, for the fact that bitcoin is deflationary, it will always make 1btc to be the same with a higher purchasing power over time like we are seeing already now over the years.