Post
Topic
Board Economics
Re: How does a merchant / economy use a currency that jumps from 266 to 105 and back
by
Neverest
on 11/04/2013, 14:18:39 UTC
simple answer: it doesnt.


So , you are telling me that bit coin will be more a vehicle for speculation than a normal currency for a long long time ?




basically. its a fault of its design, theres nothing that can be done.

Yes. Mostly a fault of human design, i.e. design of human nature, where greed is always stronger than collectivism.