Thursday, March 13, 2014

The Volatility of Bitcoin versus the Raging Out of Control Argentine Peso

From an analysis of Bitcoin by Goldman Sachs:


Goldman concludes at the end of its report:
So where does that leave us? With the conclusion that bitcoin likely can’t work as a currency, but some sense that the ledger- based technology that underlies it could hold promise. 

2 comments:

  1. Yes, and the volatility was "up". :)

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    Replies
    1. I'm not sure you understand the definition of "volatility"

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