billairboy
Elite
- Joined
- Mar 25, 2007
- Posts
- 3,131
- Location
- Örnsköldsvik, Sweden
- Avatar Name
- Bill Airboy Ivanhoe
You hit the nail on the head but it seems not in the way you intended it.
Let's have closer look. Instability is a natural property of all currencies, that's why we have to look up exchange rates. The smaller the market/supporting economy the bigger the instability, bigger market results in bigger stability. People seem to think think cryptocurrencies are somehow unstable by their very nature. It shows they never took 5 min to think it over.
The Swedish Krona is a bit more stabil than the Russian rubel, does that mean the Swedish economy is bigger than the Russian economy?