Post
Topic
Board Economics
Re: Does Bitcoin need a new theory of money?
by
HarHarHar9965
on 21/08/2015, 16:29:30 UTC
No, it doesn't need any new theory of money.it is free marketing and any of the people could attain it! And It has all good qualities of money.


basically in short, even if a currency is not as good and as secure as bitcoin, it can be successful just like fiat if a lot of people support it, anything can have great value regardless if people believe and support that currency, after all its all about demand and supply too Tongue Bitcoin however is a pretty cool currency, I don't want to rank it out, I just think it could still get much better, while it matures more.