Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin be the next Tulip Mania?
by
bitanarchy
on 11/02/2011, 11:30:43 UTC
So it is possible for a currency to be strong without the need for a lot of goods to be traded with it ?
I suppose, if the currency is backed by another currency that does have a lot of goods traded with it.
Bitcoin is a medium (or currency) to trade hard private currencies with. So this is good for the private currencies, because they will be used more.