> Let's play a game: pretend that all of these special agreements have suddenly become invalid and the market has become deregulated. Assume you have (or can acquire) the technical expertise to challenge them. What's…
Its not the volatility they're after--they want to hold a deflationary currency (which, at the moment, happens to be volatile).
> To which I would like to ask: What's the point of a store of value if ultimately it cannot be exchanged for something else ? It's very simple: Suppose you used Bitcoins only to facilitate transactions. You'd identify…
> Let's play a game: pretend that all of these special agreements have suddenly become invalid and the market has become deregulated. Assume you have (or can acquire) the technical expertise to challenge them. What's…
Its not the volatility they're after--they want to hold a deflationary currency (which, at the moment, happens to be volatile).
> To which I would like to ask: What's the point of a store of value if ultimately it cannot be exchanged for something else ? It's very simple: Suppose you used Bitcoins only to facilitate transactions. You'd identify…