Post
Topic
Board Speculation
Re: intuitively, which option would you pick? 1, 2 or 3 (see image)
by
mobodick
on 29/10/2011, 19:42:40 UTC
What a load of dingo kidneys.

Can i take the silver coins to the bakery and pay for my bread?
No.
So give me the 50,-

Can i take the bitcoin coins to the bakery and get some bread?
No
So give me the 50,-
What a load of dingo kidneys.

So if I offer you 2000 BTC or €50, you would still take the €50, because 2000 BTC can't be used to buy bread?

Well, if i could not buy bread with bitcoin i'd be dead in a few weeks, wouldn't i?
So INSTINCTIVELY i see euro's as a bread buyer, but bitcoin not.
But then when i think about it (but that is beyond instinct) i would understand that with some effort i could get a lot more euro's from the 2k BTC.

And your question is not fair anyway, we were talking about the same ammount of value.
And then the euro wins because i can spend it immediately. It has great liquidity and is accepted everywhere around here.