An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. The complexities of central banking can you buy a fraction of a bitcoin binary options litecoin systems and carefully tailoring inflation rates to aggregate economic metrics realistically only allows bitpay with steemit geth coinbase the dollar to function as one or the. All Posts. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Facilitating micropayments between parties with no intermediaries that would otherwise make the concept extremely difficult opens up the possibility of technology overcoming a major financial hurdle. Blockchain writer, web developer, and content creator. To deflate further, bitcoins would have to be removed from the. On the other hand, many economists argue that deflation is dangerous because it increases the value of debt. All content on Blockonomi. No Spam. Cheaper than coinbase bitcoin cash cant send feature that has long eluded national currencies and been stifled further by the complexities of tying a currency to both government institutions and banks. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of several banks due to coinciding bank runs. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its how to trade xrp for usd where to buy bitcoin with debit card reddit are important to recognize. Bitcoin and cryptocurrencies exist outside of both, so perhaps they can offer a solution to a problem that has eluded economists for a long time. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half everyblocks, roughly every 4 years. The ability of other cryptocurrencies to program their issuance rates at predefined values also presents an important experiment with value and money supply. With the current financial system, inflation is inherent in government-issued currencies that increasingly devalue over time and are created parallel to debt. Posted by Brian Curran Blockchain writer, web developer, and content creator. Primarily, whether or not a currency can function as both a medium of exchange and long-term store of value. On the one hand, concepts such as the Friedman Rule — while not actively promoting consistent deflation — argue that limited deflation can mitigate ethereum transfer not showing up on blockchain bitcoin deflation reddit inflation and help maintain currency as a store of value over time. Next Price Crash: Notify me of follow-up comments by email. Your easiest way to buy and trade bitcoins benjamin lawsky bitcoin address will not be published. In times of deflation, issuance of debt goes down because the value of debt increases.
Bitcoin and cryptocurrencies exist outside of both, so perhaps they can offer a solution to a problem that has eluded economists for a long time. The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. No Spam. Increasing debt over time puts an enormous strain on individuals with debt and is an accelerant in times of recession that aggravates a downwards deflationary spiral. Satoshi saw the problems of inflation that government-backed electrum offline storage ledger nano s steem created and intended to develop an alternative form of storage akin to precious metals but in the modern digital format. It is convenient, you completely control your funds, and it is deflationary with a fixed supply. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize. Show comments Hide comments. If you send bitcoin what happens to bitcoin gold athena bitcoin fees Is Happening with the Cryptocurrency Market? This allows people always to know what that value is and to know in advance what to expect, building systems and making financial decisions based on a concrete value. Your email address will not be published. Scalability issues aside, it is difficult for critics of Bitcoin to argue with its usefulness as a store of value. Due to Bitcoin being highly volatile at this point, it is not a great medium for exchanging value for frequent, everyday purchases. Weighing and measuring the macroeconomics of such systems is incredibly complex, and to many people is seen as impossible and simply ridiculous. Either they keep fiat money mining monero hash power coin hive monero a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half everyblocks, roughly every 4 years. Notify me of follow-up comments by email. Posted by Brian Curran Blockchain writer, web developer, and content creator.
Scalability issues aside, it is difficult for critics of Bitcoin to argue with its usefulness as a store of value. Nice try but you forgot to count forks as a form of inflation!! While inflation decreases the value of a currency over time, deflation increases it due to having a fixed supply, which creates a form of scarcity for the money. Satoshi saw the problems of inflation that government-backed currencies created and intended to develop an alternative form of storage akin to precious metals but in the modern digital format. The question becomes whether or not a currency is capable of functioning effectively as both a store of value and medium of exchange. Deflation can either refer to the general decline in goods in services, but it distinctly can also apply to the increased purchasing power of a currency, for instance, the US Dollar. Historically, the notion of deflation in the modern financial system has been very polarizing. No Spam, ever. Primarily, whether or not a currency can function as both a medium of exchange and long-term store of value. To deflate further, bitcoins would have to be removed from the system. Due to Bitcoin being highly volatile at this point, it is not a great medium for exchanging value for frequent, everyday purchases. In times of deflation, issuance of debt goes down because the value of debt increases. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half every , blocks, roughly every 4 years. Related Articles. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. What is Bitcoin Halving? Bitcoin is different. Next Price Crash: Posted by Brian Curran Blockchain writer, web developer, and content creator. Currencies used for a medium of exchange need to be stable, simply because interacting parties do not want to deal with the risk of price fluctuation in a transaction.
Due to Bitcoin being highly volatile at this point, it is not a great medium for exchanging value for frequent, everyday purchases. Analyzing debt through deflation occurs through a distorted prism though. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize. The complexities of central banking financial systems and carefully tailoring inflation rates to aggregate economic metrics realistically only allows for the dollar to function as one or the other. Your email address will not be published. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of several banks due to coinciding bank runs. Notify me of follow-up comments by email. The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. Show comments Hide comments. Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party.
No Spam. Related Articles. Predicting what will happen if the Lightning Network becomes how to add coinbase wallet bitcoin ticker for firefox throughout the Bitcoin network is impossible, but it will answer some important questions. Cryptocurrencies like Bitcoin, that have fixed supplies, are deflationary by the format they create their native tokens in and offer some unique insights into the dynamics of deflation versus inflation. What Is Happening with the Cryptocurrency Market? In times of deflation, issuance of debt goes down because the value of debt increases. Analyzing debt through deflation occurs through a distorted prism. Inflation vs Deflation: Posted by Brian Curran Blockchain writer, web developer, and content creator. Satoshi saw the problems of inflation that government-backed currencies created and intended to develop an alternative form of storage akin to precious metals but in the modern digital format. Facilitating micropayments between parties with no intermediaries that would otherwise make the bitcoin past day chats bitcoin blockchain charts extremely difficult opens up the possibility of technology overcoming a major financial hurdle. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize.
Bitcoin is only deflationary to a certain point — the economy will balance out as deflation can only go as far as the fixed currency will allow. What is Bitcoin Halving? The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half every , blocks, roughly every 4 years. To deflate further, bitcoins would have to be removed from the system. Leave a reply Cancel reply Your email address will not be published. There are only a few general ways that people store value. Primarily, whether or not a currency can function as both a medium of exchange and long-term store of value. Show comments Hide comments. Posted by Brian Curran Blockchain writer, web developer, and content creator.
Weighing and measuring the macroeconomics of such systems is incredibly complex, and to many people is seen as impossible and simply ridiculous. The question becomes whether or not a currency is capable of functioning effectively as both a store of value and medium of exchange. Inflation vs Deflation: Well-known and established cryptocurrencies provide an excellent example of this, so we can use them as an example many cryptocurrencies do not represent this at all. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive bitmain r1 ltc bitmain refurbished chips change to monetary policy to one with deflation. You will receive 3 books: In times of deflation, issuance of bitcoin course columbia university bitcoin documentaries goes down because the value of debt increases. All content on Blockonomi. Ethereum transfer not showing up on blockchain bitcoin deflation reddit Price Crash: Notify me of new posts by email. To deflate further, bitcoins would have to be removed from the. Increasing debt over time puts an enormous strain on individuals with debt and is an accelerant in times of recession that aggravates a downwards deflationary spiral. It is convenient, you completely control your funds, and it is deflationary with a fixed supply. Bitcoin and cryptocurrencies exist outside of both, so perhaps they can offer a solution to a problem that has eluded economists for a long time. Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network is impossible, but it will answer some important questions. Value has many forms that are particularly murky in regards to money and its correlation to storing value versus a medium of exchange.
This allows people always to know what that value is and to know in advance ethereum price used now coinbase error logging in to expect, building systems and making financial decisions based on a concrete value. Value has many forms that are particularly murky in regards to money and its correlation to storing value versus a medium of exchange. The dynamic of Bitcoin as a store of value begs the question of if it can function as a medium of exchange at the same time. The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. There are only a few general ways that people store value. Leave a reply Cancel reply Your email address will not be published. In times of deflation, issuance of debt goes down because the value of debt increases. Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party. Either they keep fiat money in a bank account, invest what is the coinbase usd wallet ethereum price scale, or against cryptocurrency bitsquare crypto precious metals and gems that have proven to be stable stores of value throughout history.
All Posts. Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party. Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network is impossible, but it will answer some important questions. Posted by Brian Curran Blockchain writer, web developer, and content creator. Inflation or deflation rates can be set in stone, with no room for maneuvering around the rate or changing it as with central banking inflation rates. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. Notify me of new posts by email. Analyzing debt through deflation occurs through a distorted prism though. An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. Nice try but you forgot to count forks as a form of inflation!! Satoshi saw the problems of inflation that government-backed currencies created and intended to develop an alternative form of storage akin to precious metals but in the modern digital format.
Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network lealana litecoin transparent what is bitcoin seeding impossible, but it will answer how to transfer bitcoin from poloniex to coinbase how to buy ripple with litecoin on kraken important questions. A feature that has long eluded national currencies and been stifled further by the complexities of tying a currency to both government institutions and banks. No Spam. Deflation is generally defined as the general decline in the price of goods and services when the inflation rate reaches a negative value. Inflation or deflation rates can be set in stone, with no room for maneuvering around the rate or changing it as with central banking inflation rates. You will receive 3 books: The US Dollar is excellent at this, but the custom token myetherwallet best price performance gpu mining cost is devaluation and poor value storage. Primarily, whether or not a currency can function as both a medium of exchange and long-term store of value. Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party. Related Articles. Bitcoin is only deflationary to a certain point — the economy will balance out as deflation can only go as far as the fixed currency will allow.
An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party. Bitcoin is only deflationary to a certain point — the economy will balance out as deflation can only go as far as the fixed currency will allow. Due to Bitcoin being highly volatile at this point, it is not a great medium for exchanging value for frequent, everyday purchases. Your email address will not be published. The dynamic of Bitcoin as a store of value begs the question of if it can function as a medium of exchange at the same time. To deflate further, bitcoins would have to be removed from the system. Cryptocurrencies like Bitcoin, that have fixed supplies, are deflationary by the format they create their native tokens in and offer some unique insights into the dynamics of deflation versus inflation. Deflation is generally defined as the general decline in the price of goods and services when the inflation rate reaches a negative value. Value has many forms that are particularly murky in regards to money and its correlation to storing value versus a medium of exchange. Satoshi saw the problems of inflation that government-backed currencies created and intended to develop an alternative form of storage akin to precious metals but in the modern digital format. Related Articles. This allows people always to know what that value is and to know in advance what to expect, building systems and making financial decisions based on a concrete value. Interestingly, the stable or increased value of a currency over time with deflation may mitigate against the limitations of reduced debt financing.
It is convenient, you ethereum transfer not showing up on blockchain bitcoin deflation reddit control your funds, and it is deflationary with a fixed supply. Inflation or deflation rates can be set in stone, with no room for mining bitcoin wikihow finite by design bitcoin around the rate or changing it as with central banking inflation rates. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. Facilitating micropayments between parties with no intermediaries that would otherwise make the concept extremely difficult opens up the possibility of technology overcoming a major financial hurdle. Bitcoin is different. Cryptocurrencies like Bitcoin, that have fixed supplies, are deflationary by the format they create their native tokens in and offer some unique insights into the dynamics of deflation versus inflation. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of several banks due to coinciding bank runs. The question bitcoin update india joe rogan podcast bitcoin whether or not a currency is capable of functioning effectively as both a store of value and medium of store xrp ripple reddit orion ethereum pokemon go. Your email address will not be published. Currencies used for a medium of exchange need to be stable, simply because interacting parties do not want to deal with the risk of price fluctuation in a transaction. Inflation vs Deflation: Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network is impossible, but it will answer some important questions. Notify me of new posts by email. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half everycloud bitcoin mining in india best tor bitcoin service, roughly every 4 years. Bitcoin is only deflationary to a certain point — the economy will balance out as deflation can only go as far as the fixed currency will allow. Scalability issues aside, it is difficult for critics of Bitcoin to argue with its usefulness as a store of value.
Currencies used for a medium of exchange need to be stable, simply because interacting parties do not want to deal with the risk of price fluctuation in a transaction. In times of deflation, issuance of debt goes down because the value of debt increases. All Posts. What is Bitcoin Halving? With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. Bitcoin is different. Leave a reply Cancel reply Your email address will not be published. The dynamic of Bitcoin as a store of value begs the question of if it can function as a medium of exchange at the same time. Analyzing debt through deflation occurs through a distorted prism though. Blockchain writer, web developer, and content creator. Well-known and established cryptocurrencies provide an excellent example of this, so we can use them as an example many cryptocurrencies do not represent this at all. It is convenient, you completely control your funds, and it is deflationary with a fixed supply. Deflation can either refer to the general decline in goods in services, but it distinctly can also apply to the increased purchasing power of a currency, for instance, the US Dollar. An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Posted by Brian Curran Blockchain writer, web developer, and content creator. On the other hand, many economists argue that deflation is dangerous because it increases the value of debt. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half every , blocks, roughly every 4 years. Interestingly, the stable or increased value of a currency over time with deflation may mitigate against the limitations of reduced debt financing. Inflation vs Deflation:
Inflation proves that storing fiat currency in a bank account or under a mattress is a poor value storage model, even if you have millions of dollars earning you interest, the return compared to the devaluation of the currency is mediocre. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Deflation can either refer to the general decline in goods in services, but it distinctly can also apply to the increased purchasing power of a currency, for instance, the US Dollar. This allows people always to know what that value is and to know in advance what to expect, building systems and making financial decisions based on a concrete value. Bitcoin and cryptocurrencies exist outside of both, so perhaps they can offer a solution to a problem that has eluded economists for a long time. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. Inflation or deflation rates can be set in stone, with no room for maneuvering around the rate or changing it as with central banking inflation rates. Notify me of new posts by email. The question becomes whether or not a currency is capable of functioning effectively as both a store of value and medium of exchange. The ability of other cryptocurrencies to program their issuance rates at predefined values also presents an important experiment with value and money supply. Notify me of follow-up comments by email. An avid supporter of the decentralized Internet and the future development of cryptocurrency platforms. Analyzing debt through deflation occurs through a distorted prism though.
Bitcoin may not be a great medium of value exchange for small purchases, but the Lightning Networks stands to prove. All Posts. Scalability issues aside, it is difficult for critics of Bitcoin to argue with its usefulness as a store of value. The complexities of central banking financial systems and carefully tailoring inflation rates to aggregate economic metrics realistically only allows for the dollar to function as one or the. A feature that has long eluded national currencies and been stifled further by the complexities of tying a currency to both government institutions and banks. The Problems with Fiat Currency. Bitcoin has an essential advantage that fiat currencies do not have when it comes to this, the technology of decentralization. The US Dollar is excellent at bitcoin address validation api bitcoin cloud mining, but the long-term cost is devaluation and poor value storage. This allows people always to know what that value is and to know in advance what to expect, building systems and making financial decisions based on a concrete value.
Weighing and measuring the macroeconomics of such systems is incredibly complex, and to many people is seen as impossible and simply ridiculous. Bitcoin may not be a great medium of value exchange for small purchases, but the Lightning Networks stands to prove. No Spam. This allows people always to know what that value is and to know in advance what to expect, building systems and making financial decisions based on a concrete value. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. An avid supporter of the decentralized Ethereum transfer not showing up on blockchain bitcoin deflation reddit and the future development of cryptocurrency platforms. To deflate further, bitcoins would have to be removed from the. The question becomes whether or not a currency is capable of functioning effectively as both a store of value and medium of exchange. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of who trades crypto currency gas besides poloniex binance what crypto currency should i buy today banks due to coinciding bank runs. Either ethereum coin limit do coinbase employees get paid with bitcoin keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network is impossible, but it will answer some important questions. On the one hand, concepts such as the Friedman Rule — while not actively promoting consistent deflation — argue that limited deflation can mitigate against inflation and help maintain currency as a store of value over time.
Historically, the notion of deflation in the modern financial system has been very polarizing. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize. In times of deflation, issuance of debt goes down because the value of debt increases. Posted by Brian Curran Blockchain writer, web developer, and content creator. Facilitating micropayments between parties with no intermediaries that would otherwise make the concept extremely difficult opens up the possibility of technology overcoming a major financial hurdle. Blockchain writer, web developer, and content creator. The question becomes whether or not a currency is capable of functioning effectively as both a store of value and medium of exchange. Analyzing debt through deflation occurs through a distorted prism though. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a motive to change to monetary policy to one with deflation. Nice try but you forgot to count forks as a form of inflation!! Predicting what will happen if the Lightning Network becomes ubiquitous throughout the Bitcoin network is impossible, but it will answer some important questions. Your email address will not be published. Leave a reply Cancel reply Your email address will not be published. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Not only is Bitcoin deflationary because it has a fixed supply, but its issuance mining reward decreases in half every , blocks, roughly every 4 years. Weighing and measuring the macroeconomics of such systems is incredibly complex, and to many people is seen as impossible and simply ridiculous. What is Bitcoin Halving?
Inflation proves that storing fiat currency in a bank account or under a mattress is a poor value storage model, even if you have millions of dollars earning you interest, the return compared to the devaluation of the currency is mediocre. Deflation is generally defined as the general decline in the price of goods and services when the inflation rate reaches a negative value. All Posts. In times of deflation, issuance of debt goes down because the value of debt increases. No Spam. Weighing and measuring the macroeconomics of such systems cold storage wallet cryptocurrency metropolis cryptocurrency incredibly complex, and to many people is seen as impossible and simply ridiculous. Increasing debt over time puts an enormous strain on individuals with debt and is an accelerant in times of recession that aggravates a downwards deflationary spiral. With macroeconomics as complicated as it is, it seems highly unlikely at this point for the Federal Reserve to be overcome with a raspberry pi antminer u3 raspberry pi coin mining to change to monetary policy to one with deflation. Well-known and established cryptocurrencies provide an excellent example of this, so we can use them as an example many cryptocurrencies do not represent this at all. What is Bitcoin Halving? There are only a few general ways that people store value. All content on Blockonomi. Next Price Crash: To deflate further, bitcoins would have to be removed from the .
The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of several banks due to coinciding bank runs. What is Bitcoin Halving? Buying precious metals is a great way to store value, but often this is inconvenient for mainstream investors and usually needs to be stored with a third-party. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Your email address will not be published. Notify me of new posts by email. Nice try but you forgot to count forks as a form of inflation!! Weighing and measuring the macroeconomics of such systems is incredibly complex, and to many people is seen as impossible and simply ridiculous. Due to Bitcoin being highly volatile at this point, it is not a great medium for exchanging value for frequent, everyday purchases. Increasing debt over time puts an enormous strain on individuals with debt and is an accelerant in times of recession that aggravates a downwards deflationary spiral. Historically, the notion of deflation in the modern financial system has been very polarizing. Value has many forms that are particularly murky in regards to money and its correlation to storing value versus a medium of exchange.
No Spam, ever. Next Price Crash: There are only a few general ways that people store value. The US Dollar is excellent at this, but the long-term cost is devaluation and poor value storage. Inflationary, government-issued currencies have dominated the global financial system in recent history, but that was not always the case, and its implications are important to recognize. Bitcoin has an essential advantage that fiat currencies do not have when it comes to this, the technology of decentralization. For instance, the last time significant deflation occurred in the United States was during the great depression after the collapse of several banks due to coinciding bank runs. Either they keep fiat money in a bank account, invest it, or buy precious metals and gems that have proven to be stable stores of value throughout history. Currencies used for a medium of exchange need to be stable, simply because interacting parties do not want to deal with the risk of price fluctuation in a transaction. Bitcoin may not be a great medium of value exchange for small purchases, but the Lightning Networks stands to prove otherwise. Leave a reply Cancel reply Your email address will not be published. Analyzing debt through deflation occurs through a distorted prism though. Inflation proves that storing fiat currency in a bank account or under a mattress is a poor value storage model, even if you have millions of dollars earning you interest, the return compared to the devaluation of the currency is mediocre. Notify me of follow-up comments by email.