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by rhino369 3706 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.

1 comments

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.