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RE: How Many People are Truly Using Crypto to Avoid Capital Controls?

in #bitcoin7 years ago

The USD, EUR, RMB have a very very high level of stability. Were talking about needing little volatility for shorter periods like a week or so if we want to have utility as a transitory currency. Over a long time is a totally different thing that realistically I dont think any currency will ever be stable in that case.

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Agreed.

For the USD, EUR, RMB and GBP, the fluxuations (by percentage) are much easier to accept from an investment standpoint.