Post
Topic
Board Bitcoin Discussion
Topic OP
Question for experienced users...
by
BitEnthusiast
on 31/08/2013, 01:18:27 UTC
I'm going to try and make this question make as much sense as possible. Let's say we get to a point where 1 BTC = $75,000 and companies like Chevrolet accepts BTC to buy a car, would people actually trade their BTC's for fiat, when they could spend BTC? And would this make fiat a commodity? Please correct me if I'm wrong and please don't bash me for being a newb.