Post
Topic
Board Bitcoin Discussion
Re: People think price it not important but it does matter a lot
by
Vessko
on 04/11/2014, 12:47:29 UTC
As long as BTC keeps going down relative to fiat, then you need to spend BTC the instant you get it. So why don't you just spend fiat directly?

Yeah, and as long as BTC keeps going up relative to fiat, then you need to hoard the BTC you get. So why don't you just spend fiat instead?

Bitcoin-as-money is a failure. The real innovation that has a bright future is the-blockchain-as-a-trustless-payment-method.