Quote from: clout on September 14, 2014, 08:43:29 PM

Quote from: SomethingElse on September 14, 2014, 01:14:48 PM

Quote from: ifinta on September 11, 2014, 09:24:23 PM

The BitUSD Market has been started. It seems to be you can buy BitUSD for about 1 USD... See https://bter.com/trade/bitusd_usd

Who gets my real dollar if I buy a bitUSD? Basically, who was smart enough to have me give them a real dollar for a digital dollar not recognized by any shops or the US government?

The person that is dumb enough to store value in a depreciating fiat currency or a bank that provides no meaningful interest to depositors. While you, on the other hand, receive a 5-10% annual return on your bitUSD.

Lol Clout, well said. Cool