Re: Government adoption of BTC plus fiat-for-BTC?

So what I'm saying is that it would be impractical to have the price of things in the real world in bitcoins.

This is where we disagree.

I believe that is only the case currently, but wouldn't necessarily have to be the case for an 'island' adopting BTC as it's official currency.

But that would only work for an island essentially isolated from the rest of the world, without any import or export of goods or services.

Therefore under that logic it wouldn't work for Australia.

However it is working for Australia currently.

Unbelievable!

So Australia has no export or import, no trading with foreign nations at all? Are they manufacturing flat sceen TVs on their own? What kind of car companies do they have?