You are viewing a single comment's thread from:

RE: How a Bitcoin System is Like and Unlike a Gold Standard Or better

in #nigeria8 years ago

You said "The inelastic supply mechanism that produces price variation in Bitcoin should give pause to those who predict that Bitcoin will become a commonly accepted medium of exchange." Do you suppose that the use of bitcoin as a common medium of exchange into other cryptos and back again via various exchanges could be a wave for the future use of Cryptos overall as a medium of exchange being that all are convertible back to bitcoin and then back to local fiat in an emergency?

Coin Marketplace

STEEM 0.13
TRX 0.34
JST 0.035
BTC 111391.51
ETH 4339.37
SBD 0.84