Post
Topic
Board Economics
Re: what if btc takes over €/$ ?
by
Gestas
on 15/02/2013, 04:46:27 UTC
You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc

http://pizzaforcoins.com

Enough with this pizza bullshit. Ok we get it you can buy pizza. What are you all fucking diabetics?

Apparently a currency is only worth something if you can buy food with it.
A currency is pretty worthless if you cant buy the basic necessities of life with it.