Russia: $2T GDP, $ XXXB M1, nukes, yet ruble has 40%+ volatiliy in < 30 days. Puts BTC ( <$1B GDP, $5B M1, no nukes) volatility in context
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@polemitis@NickSzabo4 I would say this proves that large market cap won't necessarily safeguard from volatility.
@alexberegszaszi @polemitis The ruble's problem is a large market cap too heavily weighted by only two factors (government and oil).
