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Re: BitcoinExchange.com Bitcoin Exchange Rate
by
Link2VoIP
on 16/04/2010, 01:50:39 UTC
Pegging the exchange rate to how much energy is required to generate coins is probably a better calculation.

Money is only worth something if there is energy to back it up. It is, after all, just a marker against labour.

Cheers! Cheesy

The spread gets quite large when you go much higher than about 2 Euro. I'm suddenly liking his exchange rate calculation a lot less. Buyer beware!