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@alexberegszaszi Catch-22: don't want to use because too volatile, grows slow, remains volatile
@polemitis @alexberegszaszi Solution is to target (sub-)economies with even bigger problems, e.g. where currency even more volatile.
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@NickSzabo4@alexberegszaszi I am wondering when the Venezuelans will figure this out... :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@polemitis even more so those where little trust exists towards government and the financial system or are lacking servicesThanks. Twitter will use this to make your timeline better. UndoUndo
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