Post
Topic
Board Bitcoin Discussion
Re: [Discussion ] Shocked positive increased of bicoin,take it and run or just stay?
by
eminemcookie
on 17/04/2018, 23:09:49 UTC

i didnt miss the point at all
even since i started in 2012 i had the notion that measuring bitcoin to the dollar is a failure

i have said many times over the years of this forum that if bitcoin was measured as a cost of living index the volatility would not be noticable even if the FIAT valuations jumped 15-30%

Sorry, I was not trying to be offensive and suggest you were uninformed, just that I didn't feel you fully got the point across. I do believe that we will in time transition to a system whereby bitcoin is no longer valued against FIAT currencies because of the obvious limitations in doing that, first and foremost that requires that bitcoin be used regularly as a means of payment and then people will start to instead think of things in such a way.