Post
Topic
Board Bitcoin Discussion
Re: why is bitcoin price important?
by
larry_vw_1955
on 12/09/2022, 00:08:17 UTC
alot of posts seem to be focused on the price of bitcoin.
And it will always be like that, as long as there are other currencies or things that have a value.
but if bitcoin is going to become more mainstream then sellers are going to need to start quoting their prices for their products in btc, not fiat. if we're always going to think of bitcoin as just representing us dollars for example then what's the point of bitcoin?

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It needs a price for everything, so that we can check what something is worth.
why do we need to check what something is worth ? why can't bitcoin tell us what something is worth?

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If this only happens with Bitcoin, then the values will be show linke that 0.00123 BTC without the price in dollars or euros.
one world one currency, what's wrong with that?

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Compare it with a holiday in other country, there you also compare the values in your currency and the values in the currency of the country. That means the price is interesting as long as there are dollars and euros. Look at gold, the same.
what if i just stay in my own country and don't care. wouldn't it make things easier if every country just adopted bitcoin as their native currency?