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Board Beginners & Help
Re: Thoughts about Bitcoin as a small country currency
by
santaClause
on 01/09/2014, 06:43:08 UTC
Any thoughts about Bitcoin replacing one of the extremely volatile currencies of a small country?

What fiat currency is more volatile than BTC? None that I can think of. Sure, during historic times of hyperinflation, etc. But just look at the history of BTC. We can't even discuss it as a currency until it stops being so volatile.
Bitcoin has the greatest chances of replacing the currencies (or potentially supplementing) of third world countries that have a very small economy and very small stand of living.