this post was submitted on 04 Aug 2024
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You seem to have same comprehension problems or to be in bad faith. Read carefully what i wrote, it's nothing of what you said.
Trying to label everything as a conspiracy theory is something the government and propaganda have been doing excessively over the past years. You may not like it to hear it but every time cristiano ronaldo appears in state media and gets paid for it they are indeed working for the government. When the government put restrictions on youtube competitors such tiktok or when they use it to broadcast official events, they are indeed forcing you to use youtube.
That's not the point of the discussion anyway: cryptocurrencies aren't controlled by the government and hard to control by design, there lies the government interest to boycott them.
Maybe if it was controlled, it wouldn't constantly fluctuate in value and would actually be worth buying things with without hoping for a day when it's worth more and you're richer.
Countries currency fluctuate in times to.
I can go to the supermarket next week and milk will cost about the same in dollars as it did this week because the value does not change that rapidly.
Not true with Bitcoin.
If you live in america and you are lucky the price of thing stopped increasing perhaps it will cost the same. If you live in any other part of the world that use a different currency the price may be different
I do live in America and why you think milk costs significantly more from one week to the next I don't know. Even if the price rises, we're talking pennies per week. Far less than Bitcoin fluctuates.
I have no idea why you're even trying to argue that the dollar fluctuates as much in value as Bitcoin because that's just demonstrably false. This is the current fluctuation of Bitcoin value. If the value of a dollar changed by one percent in a day, that would be huge. Seven percent? That would be a disaster.
JPY to USD +6.70% (1W)
Cool. You found the one currency the dollar had a lot of fluctuation against in the past week. Good job. Too bad it's the dollar and the euro whose values are the ones that generally match each other and how it's usually measured.
Also too bad I gave you lots of weeks and you gave me one.
Go ahead and let me see your source though. Here's mine:
https://www.investing.com/crypto/bitcoin/historical-data
It's already significantly changed percentagewise since I posted that screenshot from less than an hour ago. It's now +1.9%. Even the dollar vs. the yen did not change that much in less than an hour.
This is a ridiculous hill to die on. This is such a known problem with Bitcoin that stablecoins had to be invented.