Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
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I went by the expanding but you could do yourself a favour and study up on the history money, our current reserve currency, with particular attention to the difference between gold backing and fiat of such, when things changed, and why.
I have done quite a bit of reading on the topic, is there any points in particular you don’t think I understand that you feel would alter my opinion on Bitcoin?
I can’t think of anything in the history of currencies that would disprove my point that the functionality of a currency is reduced the more volatile it becomes, that’s the whole reason central banks put so much focus on managing their currencies, and is one of the reasons why they detached its value from gold.