It did pretty good during covid. Bitcoin is the solution to monetary debasement. It is not a short term stable coin which is immune from liquidity and market forces.
If everything were denominated in bitcoin it would be much more stable, but it would still never match traditional markets because they are artificial and create systemic risk to suppress volatility.
Even with a Bitcoin standard you'll probably have a few 5-10% flash washouts every now and then because it's an actual free market.
zforce / Zach⚡️
npub1hy…3ntt0
2024-09-16 10:12:55
in reply to nevent1q…g4xc
Author Public Key
npub1hymqekqgkf8vhlgr2a0n6cmmre3v48l2g9dvv7mvtvg7790j35rqh3ntt0Published at
2024-09-16 10:12:55Event JSON
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