Post
Topic
Board Bitcoin Discussion
Re: Bitcoins have lost $210,000,000 USD since June 9th 2011
by
Steve
on 27/09/2011, 20:25:12 UTC
That point is right evoorhees  ...  I know that...  I think most of us know this.. (hopefully)  ... but I had to make the point that we're doing things so weird (printing when value is decreasing)  that it's never going to be a currency...  it's going to widely rocket back and fourth like a commodity...   Bitcoins officially at this stage are not a currency...   it's oil,  or natural gas, gold or silver..  some currency aspects.. but it's not a currency..
I use it as a currency almost every day.  Therefore, it's a currency.