Post
Topic
Board Economics
Re: The Bitcoin Economy
by
Bit_Happy
on 21/03/2015, 22:07:24 UTC
In the near future, if there will be a Bitcoin economy, will it be a stable economy?

http://www.newsbtc.com/2015/03/19/a-bitcoin-economy-will-be-a-stable-economy/

How can we stabilize bitcoin price's volatility?

How can a bitcoin economy become stable if the bitcoin price itself is not stabilizing?

Long-term the BTC/Gold price might be much more stable and "useful" than BTC/$$.
If (for example) your 5 BTC are "worth" $700,000 each and a single loaf of bread costs $350,000, then you will be able to buy only ~10 loaves of bread before running out of dough.