Post
Topic
Board Speculation
Re: In the long run, bitcoin will be worth $0.
by
loanexpress
on 26/04/2013, 13:09:22 UTC
In the long run, everything will be worth $0.

http://en.wikipedia.org/wiki/Heat_death_of_the_universe

Theres no proof that theory is valid though, big bang is a myth. There are quasars with massive red shift in front of nearby galaxies.

There has never been a paper / fiat currency which didn't eventually fail. The average fiat lifespan is 30-50 years before it hyper-inflates and go bust. (exact average depends which source you believe - google it).

The US Dollar is overdue. And in the long term that will also be worth 0 whatever else (Yuan, Euro, Shells, BTC?)

So what exactly was OP's point here? Yeah - all currencies eventually go to 0. Civilizations come and go. Does it mean we should just abandon the whole concept of money and return to barter?