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.
