Hacker News new | ask | show | jobs
by PragmaticPulp 1952 days ago
There is no objective measure by which Bitcoin is more stable than USD.

The idea that USD is becoming worthless due to recent monetary policy, however ill-advised, is greatly exaggerated.

The idea that Bitcoin is the only way to protect oneself against inflation is also greatly exaggerated. Investors have been buying assets and investments for a long time before Bitcoin was invented to avoid inflation. Bitcoin didn't magically change that.

1 comments

unexpected inflation is just so unexpected. its not that Bitcoin is the only option, its just the best option which is why its emerging as money