[phasnox]

It baffles me the amount of blind fanatical hate Bitcoin gets in HN.

It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation and wealth seizure by the government.

[blibble]

> It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation

yes, they're used to monetary stability

unless they've used Bitcoin

[herbst]

Stability is so relative. Comparing my portfolio to 1 year ago. My dollars and euros lost value, all my crypto is worth at least twice as much. I don't care about stable if this is the long term game.

[thecupisblue]

>dollars and euros lost value

>crypto is worth at least twice as much

of the currency that lost value? do you see the irony here?

[phasnox]

Of the amount of goods and services you can buy with it.

Fiat is just a convenient unit of account, that serves the purpose of contrast.

[herbst]

I compare all to CHF, but it doesn't matter if you have a somewhat stable base currency you see the same I described.

[tick_tock_tick]

> My dollars and euros lost value

How'd you fuck that up the market has been shooting up every week?

[herbst]

Not compared to CHF no, USD is on a stable but slow down for me.

[phasnox]

I think they are just used to compliance.