|
|
|
|
|
by bduerst
4313 days ago
|
|
Compared to adding to the transnational cost of USD, which is the context of this entire comment thread. The bail outs stabilized the currency in lieu of massive wealth loss (e.g. toxic debt), while not adding to transnational costs because the returns were positive. Most bitcoin evangelists fail to grasp the negative impact that volatility has on currencies, and instead think of bitcoins like assets, even hording them. |
|