Post
Topic
Board Bitcoin Discussion
Re: Why we should measure bitcoin in duration(time) rather fiat.
by
HODL2090
on 18/08/2019, 17:19:02 UTC
As long as Bitcoin remains a speculative currency and it's value keeps fluctuating, it would have to be pegged to fiat, to determine what truly is the value of a bitcoin. It has not gotten mainstream enough to be a staple currency. Everyone still instinctively thinks, how much is this in USD (or their local currency) when they hold some amounts of Bitcoin.
It's a gradual process, but we're not quite there yet.