Comment on I’ve been locked out of PayPal for years because of their mistake
Tar_alcaran@sh.itjust.works 3 months agoPrice Crypto at the one-year simple moving average, and the volatility stops.
What? No it doesn’t, you’re just shifting the volatility from your pricing to your consumption.
shortwavesurfer@monero.town 3 months ago
And that’s fine because you will always buy your requirements such as food, water, shelter, and transportation no matter what the price is. But you don’t need that new Xbox right now. It keeps prices steady, which is what people expect from a currency. And the more people who do it this way, the lower the volatility will become because more people are using it.
indepndnt@lemmy.world 3 months ago
The elasticity of demand is not static.