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The Bitcoin (BTC) thread
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<blockquote data-quote="wayfaringstranger" data-source="post: 1478295" data-attributes="member: 17578"><p>I was thinking this why it's not good for holding cash reserves - but on the other hand gold can have similar fluctuations but tends to be more stable and more directly tied to inflationary practices of fiat currencies...</p><p></p><p>But this is a main sticking point for BTC now - imagine you were a company using it for cash reserves, you'd have half your spending power in an inflationary environment...</p><p>but, still, some way of stabelizing it- maybe this will simply occur over time, would be good.</p><p></p><p>Right now trying to 'invest' in it is literally gambling</p></blockquote><p></p>
[QUOTE="wayfaringstranger, post: 1478295, member: 17578"] I was thinking this why it's not good for holding cash reserves - but on the other hand gold can have similar fluctuations but tends to be more stable and more directly tied to inflationary practices of fiat currencies... But this is a main sticking point for BTC now - imagine you were a company using it for cash reserves, you'd have half your spending power in an inflationary environment... but, still, some way of stabelizing it- maybe this will simply occur over time, would be good. Right now trying to 'invest' in it is literally gambling [/QUOTE]
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