Post
Topic
Board Economics
Re: Greece, the EU, and Bitcoins
by
kiba
on 21/07/2010, 21:37:06 UTC

The parallels between the Bitcoin and the Euro are obvious.    Say the BTC becomes a global currency.  How do we deal with the issue of necessary currency value differentials to accommodate the differing capabilities of disparate geographical locations?  Obviously, if we can't, then the BTC is worthless in all but the economic top-tier countries, because it cannot be used save on an equal footing with such countries.

Use local currencies rather than just using bitcoins.