Quote from: pereira4 on December 06, 2016, 04:43:18 PM

Quote from: davis196 on December 06, 2016, 07:21:41 AM

What`s the problem about btc pricing in fiat?

99,9% of the people in the world use fiat and maybe 0.01% use bitcoins.

This won`t change soon.

It will never change unless people are forced to use bitcoin, so we have to wait for situations like india to happen in the developed world. If that never happens, then bitcoin will remain as a better gold as long as developed world usage goes, because people simply dont need it when they have fiat and they can do the same thing without having to go through annoying exchanges.

Events like Cyprus hair-cut would work even better

And there are a lot of other things that could heavily undermine the faith of people in their fiat money in particular and in government on the whole. I'm dead sure that we will see a lot of interesting stuff in the nearest future. In fact, I'm more worried about whether Bitcoin will be able to cope with the surging adoption. I mean all those games around block size increase since it would be utterly frustrating to see all this adoption potential wasted due to someone's insatiable ambitions