Post
Topic
Board Economics
Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow)
by
deisik
on 29/11/2013, 18:23:45 UTC
Which increased in purchasing power.  Oh noes.  I only have the same number of Bitcoins but now they buy 10x as much stuff and I unlike my neighbor I didn't lose everything when the wildcat bank failed.   What ever will I do with all this new found wealth.

So now you press on a Bitcoin standard with the difference that there are no banks... Ok, do you know why gold standard failed?