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RE: Cryptocurrency Discussion: Can bitcoin still thrive if governments introduce their own digital coins?

in #bitcoin7 years ago

I'm sorry, I'm not a financial expert just a regular person but I have to ask, "stability" in relationship to what? because last time I checked the USD is only an illusion, is like the story of the frogs being cooked slowly, let me illustrate, EVERYTHING! from rent, food, education, medicine,..etc. keeps going up in price, how is that not volatile? slow motion perhaps, but nevertheless volatile, I think people who have no chance of survival in the old model, will rather take a chance on the new.
Every new invention is a volatile investment in the beginning until it reaches a price correction, isn't that how it works? like I said I'm only sharing the view from the bottom of the pyramid