Edit: you're the one saying I have mental health issues ahahah, get well man. Keep spiraling in that vortex of hate and insults, I don't give a shit, but as aforementioned, people like you shouldn't be allowed to use the internet. Not for your ideas and ideologies, but because you're incapable of being civil in a civil society.
Are you okay? I'm defending people from abuse, from someone who doesn't know how to be civil, and you come and say I'm fascist? Have you seen yourself in the mirror man?
Imagine calling me "snitch" because that account (or you, if probably forgot to change account) abuses other people. Yeah I am a snitch, people like those deserve to have their phones and computers stripped away.
They are able to regulate the interest rate. We don't perceive a change of value of our fiat on a regular basis. What yesterday was $1, today is $1.0000001. Good luck maintaining the same purchasing power with Bitcoin (in terms of stability)
Cryptocurrencies don't rely on a central entity and is the Lemmy equivalent to Reddit compared to the fiat currency. I like it and I like the technology but
Good luck at having a proper stable economy using only crypto. Cryptobros hate central banks but their policies ensure that a loaf of bread doesn't cost 3 times as much the next day. I'd rather have a central trusted authority than not having one
Bitcoin by itself sucks. It was the first crypto so it's the most common but it's slow, heavy and costly to operate and to transact on
If buy price is zero, the division is undefined or the profit is "infinite" because you spent nothing to acquire the asset.
Having a profit of 100% would mean just selling at double the buy price, but nothing stops you at selling at 3x or 4x, having a profit of 200% or 300%.
To give a better example, try with lower and lower "buy price" (approaching zero). You'll see that the profit goes unlimitedly up
I may be wrong, no attacks intended (better to specify lol)
Enlighten me on those communities please