Post
Topic
Board Economics
Re: Can Bitcoin replace the dollar?
by
medUSA
on 11/12/2013, 07:44:46 UTC
This is a long text, but I think it contains some interesting arguments. To understand if Bitcoin can replace the dollar (or what is needed mentally for this to happen) we have to understand how we price things, why the dollar is used and how gold was established as a media of exchange.

You wrote a loooog essay on the topic "Can Bitcoin replace the dollar?",
only has 10 odd lines (section 3) about the central issue,
and guess what? No solid points are presented!

I do like to read well laid out arguements, even from people with views different from my own.
But having read the whole passage, I can't seems to grasp your point?
(do excuse me if I am the only one not understanding your "arguments")

So in simple words, do you believe Bitcoin can replace the dollar?