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It's OK, thiagoperes, even people on TV have already confused HyperINFLATION with bitcoin price DEFLATION, so you don't really need to feel so embarassed.

In the end, the only people who know you did this are people in this reddit thread, and your userid is semi-anonymous.



What does he have to be embarrassed about? He was responding to a comment on the volatility of a currency. Hyperinflation and hyper-deflation are both forms of currency volatility.

The point of his response was that the extreme currency fluctuations led to prices constantly changing, as much as several times a day. (I had a client that once did business in Zimbabwe. On a trip to meet with local business partners in 2007, he purchased a meal outside the airport for roughly $1 billion Zimbabwean dollars. On his way back to the airport that afternoon, that same meal cost $10 million ZDs!)

The inevitable result of hyper-volatility in either direction is that market participants will simply resort to using alternative currencies that are more stable and more predictable. This is a problem for Bitcoin since it is an alternative currency.




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