Post
Topic
Board Bitcoin Discussion
Re: People Don't Realize How Crucial Bitcoin is to saving America.
by
bitlizard
on 26/11/2012, 21:05:45 UTC
wouldn't bitcoins success over value the USD? when it already is over valued?

A USD to bitcoin trade requires both USD and bitcoin. While an exchange that requires USD is good for USD, if subsequent transactions are conducted in bitcoin to the exclusion of USD, then USD will be less in demand relative to bitcoin. Keep in mind one bitcoin is now worth more than $12 USD.