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Make it clear that it is only the *price* of a bitcoin that is volatile, not the technology/network itself #71
Conversation
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I see what you mean, but I'm not sure about that one. Value sounds clearer to me, as it implies that Bitcoin can lose its value and become worthless as a currency tomorrow (which is clearly what we intend to say). However, I wouldn't mind saying something like "Value of bitcoins is volatile" so that we speak of the value of the unit, and not of the technology. As per your suggestion. Anyone else have an opinion on this? |
jonwaller
commented
Mar 22, 2013
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I like this change. |
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The initial change or the one in my comment? |
jonwaller
commented
Mar 22, 2013
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Well the original text is wrong, but I'm happy with either runeksvendsen's or your update. I think runeksvendsen's is easier to understand though. |
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Re-reading, it indeed looks good and is accurate. Ok let's go with this! Thanks |
runeksvendsen commentedMar 22, 2013
Similar to how we would not say cars are volatile if large price
swings for cars happen often, we shouldn't say Bitcoin is volatile
because its price is volatile.
It's important to distinguish between the underlying technology
that is Bitcoin, and the price of the tradable currency unit
within this network. The currency units may fluctuate often and
greatly in price, but the Bitcoin technology itself is not volatile
because of this.
Additionally, I've used the lowercase "bitcoin" when talking about
the currency unit rather than the "Bitcoin" technology/network.