Currencies (at least useful ones) are stable. Bitcoin will never be stable, ther... | Hacker News

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MaysonL on April 3, 2013 | parent | context | favorite | on: Bitcoin’s Rise: What If It Is Not A Bubble?

Currencies (at least useful ones) are stable. Bitcoin will never be stable, therefore never a currency: merely a speculative commodity.

teebs on April 3, 2013 [–]

Bitcoin could be stable. I think it will have a hard time being stable because of the deflationary pressures, but it could theoretically be a stable currency someday when there's a significant economy of people using Bitcoins.

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