Post
Topic
Board Economics
Re: Dollar coming to an end
by
picolo
on 12/01/2015, 19:07:49 UTC
The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy bitcoin dollar with dollars bitcoins you stimulate bitcoin dollar and depress dollars bitcoins. Marginal, you can't measure it but it is there.

FTFY
Well we can play that game all day.

That's the point.  When Bob spends dollar to buy Bitcoin from Al, Al spends Bitcoin to buy dollar from Bob.
When a coin is bought, it is (at the very same time) sold.
Basics which many of our esteemed financiers fail to grasp.

Yes but if Bob didn't have any bitcoins and is willing to pay a higher price than the previous sell, it's positive for Bitcoin and new money is coming on the market.