Y
Hacker News
new
|
ask
|
show
|
jobs
by
bigmanwalter
3702 days ago
Isn't it because big ships don't maneuver so quickly?
1 comments
rhino369
3702 days ago
No it's because the fed actively manages money supply while Bitcoin managed money supply by setting money growth at a predetermined rate.
That and the vast majority of bitcoins are held for speculation instead of used as a currency.
link
CyberDildonics
3702 days ago
Many other countries have currencies that fluctuate wildly even with their own central banks. Is the US just better at managing it? The Yen lost half of its value a few years ago.
link
That and the vast majority of bitcoins are held for speculation instead of used as a currency.