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0 sats \ 3 replies \ @kingzing131 28 May \ parent \ on: The Paradox of Bitcoin Adoption bitcoin
inflationary or deflationary does not decrease or increase volatility Volatility does not need to be going down in value, if bitcoin can pump 50% in a month, that's an extreme volatile for an economy. And vice versa.
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0 sats \ 2 replies \ @didiplaywell OP 28 May
Again, we are not debating Bitcoin as an asset, but as a unit of account.
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0 sats \ 1 reply \ @kingzing131 29 May
An asset is what it is. Unit of account is its function
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0 sats \ 0 replies \ @didiplaywell OP 29 May freebie
That's not an arbitrary decision. An asset can or can not qualify as a unit of account. If it does, it can be used as currency. Bitcoin doesn't, yet. Bitcoin arriving there, is what the paradox is about.