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by ur-whale 1619 days ago
> it is getting tied into the existing financial system

The fact that its price somewhat correlates with the stock market and the fact that two parties can exchange bitcoins without any government being able to prevent the transactions from happening are two entirely unrelated things.

What's more, the first matters little (only because volatility can sometimes be annoying), while the second is an essential, even defining property of the system.

> It's not supposed to be doing this.

Why not? Again, Bitcoin was designed to solve one problem: allowing economic entities to exchange value freely.

Other than - maybe - the fixed supply, nothing was ever built in the protocol to control its price.