Post
Topic
Board Economics
Re: 1 BTC = 200 USD
by
nikion
on 08/06/2011, 07:01:37 UTC
Yes, but only do to the hyper inflation of the USD as caused by the print money to payback China act of 2011...

Seriously all this speculation, its not about what one currency is worth compared to another its about what you can buy with that currency. Stocks are for speculation, the whole point of money is to smooth out trade by meaning that we don't have to barter. There has never been any real value in any currency the only value is that it facilitates the exchange of goods and services.