“Did the dollar buy less after millions had their credit hacked recently via Target stores?”
No but target stock TGT did drop significantly.
>>No but target stock TGT did drop significantly.<<
As it should have. My point being that a reasonably severe problem with the credit system didn’t impact the dollar in any significant way. Compare that to the fluctuation in Bitcoin when a portion of its system (Ft Gox) was hacked. My larger point is that Bitcoin is an inferior currency to the dollar, i.e., the dreaded “fiat” money, at least presently.