Post
Topic
Board Economics
Re: Bitcoin is the New Economy, we are only at the very beginning
by
Qartersa
on 29/09/2017, 18:36:08 UTC
I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.