My cousin just called me hypin this XRP stock, "Its the future of digital currency, the next bitcoin". Im pretty wary of it tbh. I been buying silver and gold. Just curious if you guys had knowledge of it. I guess it just WON a settlement against the SEC?
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Bitcoin is less volatile than many real world currencies.
Only used by small countries now. A few years ago it was "only used by computer geeks / criminals".
What's the volatility on a hyperinflating currency?
The larger bitcoin gets the less volatile it is. Its growing pains, and fiat currencies are subject to extreme volatility as well. The US has just enjoyed having the dollar as the world's reserve currency for a long time which creates some level of stability. But it won't last forever, because the base layer is corrupted.
Money printing by a central bank is indistinguishable from counterfeiting, which is illegal because it's theft.