Quote from: franky1 on October 03, 2014, 06:59:51 PM

IF??

bitcoin is already accepted at the cashiers desk in thousands of retail stores

bitcoin is already accepted for flights and vacations
cheapair.com
airbaltic.com
expedia.com

to name just a few.

as for the big event of bitcoin in the next 10 years.. that would have to be the detachment to the dollar valuation.

imagine a common measure that can be used in all countries.

now here is the idea
imagine cost of living was a measure of minimum wage of whatever counntry yo were in multiplied by 40.

this would give you an estimate of your native cost of living.

now imagine that for instance instead of a dollar reference, we simply had buy and sell orders based against that measure.
thus right now bitcoin is about 1.5 'col'

now whatever country you live in you can work out how much bitcoin is based on your own currency without having to know dollars conversion rate.

also the average cost of bread is 1% of cost of living. thus if bitcoin is 1.5col. you can instantly know you will now get 150 loaves of bread for 1 bitcoin.

if bitcoin doubled in value to 3 col. you know instantly that you can get 300 loaves of bread. anywhere in the world.

Good thing to read your reply here cause I am not aware of these details.

martinnew

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