Post
Topic
Board Economics
Re: Is Bitcoin ready for world wide 1 currency?
by
Febo
on 06/03/2020, 19:52:46 UTC
I ask this because of the corona virus where people are too scared to hold money.

The issue is that we value btc against the usd and other fiat currencies. If fiat currencies were no longer how would bitcoin be valued...inflation etc? Can't get my head around how it would work.


Nope. Maybe for the next Corona, that come 10 years from now. Bitcoin is in very early stages of development. Because it made few people super rich is way over hyped.