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A comment on The Bitcoin Bubble and the Future of Currency. Parent comment

Re:The Bitcoin Bubble and the Future of Currency by carbocation on Wednesday April 03, 2013 @12:43PM (#5487179)
Multinational corporations use foreign currencies as a hedge against exchange rate fluctuations. Speculators win and lose big on bets re: exchange rates. Owning foreign currency can make sense for a variety of reasons.

And while I don't live on the Internet, I do conduct some of my economic life on the Internet: buying, selling, consuming, and creating.

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Re:The Bitcoin Bubble and the Future of Currency by rjtavares on Wednesday April 03, 2013 @01:27PM (#5487505)
> Multinational corporations use foreign currencies as a hedge against exchange rate fluctuations

Because they have business there, so in a sense they do live there.

> And while I don't live on the Internet, I do conduct some of my economic life on the Internet: buying, selling, consuming, and creating.

Maybe that's the logic leap I have to take to use bitcoins: I don't consider that I buy things from the Internet, I use the Internet to buy things from stores. Maybe when we have a Snow-Crash-type Metaverse I'll start using virtual currencies :)

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