Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is Already More Valuable Than Many National Currencies
by
naf
on 06/11/2017, 13:40:32 UTC
This is ridiculous, I wanna see you trying to get a sandwich/house with bitcoins in those countries.
Try spending Singapore Dollars in the USA! 
You’re missing the point.

This is ridiculous, I wanna see you trying to get a sandwich/house with bitcoins in those countries.
You don't need to have a highly valued currency or a large money supply for something like Bitcoin to be easy to use, but in most countries you would be hard-pressed to find a house that anyone is selling for Bitcoin, although you could probably always find someone willing to sell it for Bitcoin depending on how desperate they are to get it out of their hands.

Sandwiches are easy, most countries have at least a few stores accepting Bitcoin and they often have a lot more for sale than just sandwiches. But I've seen a few in my city, even without exploring, just on a street corner or whatever. The prices aren't bad most of the time...

Good luck with your cheap sandwiches in Zimbabwe (1BTC=12,000USD).

I'm not missing the point, this is just a first world math game. It's like extrapolating the value of smarthphones to places without wifi.