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Yes it's their fault because they don't offer a currency that allows for stable prices.

The shops price in fiat because prices are relatively stable. Not perfectly stable of course, could be bette, but much more stable than Bitcoin.

Bitcoinerdamus 6mo ago

So it's not a scam anymore then? Or drug money, government will ban, boiling the oceans etc? It's just not widely accepted enough now, is that the new FUD?? Lol

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Discussion

frphank 6mo ago

Yeah nah I don't buy the scam/drug/energy aspects. It's just not widely accepted and never will be, lacking a mechanism for stable prices.

Twntyn 6mo ago

I think you will be wrong in the „never will be“.

…. especially if your main argument is the lacking mechanism for stable prices.

But we will see I guess - love to talk to you again in 5 years about the development 😉

frphank 6mo ago

Will do.

gladstein 6mo ago

Imagine thinking fiat money will be a “mechanism for stable prices”

🤡

frphank 6mo ago

It's pretty good. Feel free to plot the price stability of fiat against the price stability of Bitcoin.

Bitcoinerdamus 6mo ago

The sats price of everything is collapsing, while the fiat price of everything never stops going up. Is this the stability you're talking about?

frphank 6mo ago

Both change but the changes in fiat price are much smaller.