We all operate on a standard measurement of time.
If a country has an economy based on a fiat not backed by anything other than itself you have a money tree…if you have a computer generated token transferable into a countries currency you have a laundry machine.
Great way of looking at it. Yet doesn’t bitcoin itself experience fluctuation? At some point in time the supply is going to drop to zero. Then what?
The fluctuations occur because people still peg its value to fiat currencies, which fluctuate.
Fantástico!
If a country has an economy based on a fiat not backed by anything other than itself you have a money tree…if you have a computer generated token transferable into a countries currency you have a laundry machine.
Great way of looking at it. Yet doesn’t bitcoin itself experience fluctuation? At some point in time the supply is going to drop to zero. Then what?
The fluctuations occur because people still peg its value to fiat currencies, which fluctuate.
Fantástico!