Post
Topic
Board Economics
Re: Bitcoin value
by
mndrix
on 10/02/2011, 13:58:58 UTC
Also, I am a freelancer. Been busy looking for work in this small economy.

Then you're wasting your time... Bitcoin is only effective for people who want anonymous and free transfer of money.

I don't personally care about anonymity and Bitcoin is still an effective means of exchange for me.  Bitcoin has many advantages over traditional currencies/commodities. Depending on individual preferences, it will be effective for many people for different reasons.  This broad appeal probably influences Bitcoin's long-term value.