Post
Topic
Board Economics
Re: Btc vs dollars
by
philipma1957
on 27/11/2023, 13:30:10 UTC
Presently, should we say it's good the way bitcoin its been tied to dollars? Dollars is not backed up with any resources but to my understanding, bitcoin is a product of great energy surge. We shouldn't let bitcoin tied to dollars but bitcoin standing on its own. What could decide the durability and value of bitcoin? I have some ideas..
Bitcoin needs to be tied to something.
There needs to be something backing it.  That's how you know what is valuable from what is not.


It is tied to watts.  watts cost fiat. so you can tie btc to

the Dollar
the Pound
the Frac
the Ruble 
the Yuan
the Euro

so on and so forth