Post
Topic
Board Beginners & Help
Re: Thoughts about Bitcoin as a small country currency
by
murraypaul
on 01/09/2014, 19:14:47 UTC
Bitcoin is not really a currency. It's even more volatile that most FIAT currencies.
It is a currency and it's only volatile when you peg it to other currencies.

No, it is also volatile when measured as the cost to buy things, for almost all merchants.

Quote
1 bitcoin is always worth 1 bitcoin.
And 1 dollar is always worth 1 dollar.
Doesn't really get us very far, does it?