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Is price volatility necessarily a bad thing?

Started by Bitcoin, Apr 30, 2022, 06:43 am

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Bitcoin

Apr 30, 2022, 06:43 am
Is price volatility necessarily a bad thing?

Discussions of BitCoin as the potential basis for a future global monetary system often point to the currency's price volatility as a shortcoming. Fiat currencies, by comparison, are (mostly) a lot less volatile. My question is whether an economy that relies on a low-volatility currency is actually preferable to one that is agnostic to currency volatility. The latter strikes me as more robust.


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