Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - how to protect its value
by
nightwatch
on 10/02/2011, 21:22:49 UTC
Not an exact clone but something that serves the same purpose - a digital currency. If an alternative became popular enough (for example, a special version for the chinese market), wouldn't Bitcoin have to give a market share to that alternative, and wouldn't sellers want to accept payments both in BTC and in the chinese alt currency? This way, there would be more digital money in the market and their value would have to drop.