Re:Living On Bitcoin For A Week
by obviouslygreen on Wednesday May 01, 2013 @05:05PM
(#5640781)
The point may have been that if BTC is the only unit, then most every-day things will cost something like .05 BTC, which doesn't seem all that intuitive (at least coming from a USD area).
[ Parent
| on HN ]
Also remember that things started costing 5 cents until inflation ran those same items up to dollars.
If bitcoin ever takes off, its built-in deflation will run the problem in the other direction (making it even worse than it is now).
Re:Living On Bitcoin For A Week
by leishulang on Wednesday May 01, 2013 @05:27PM
(#5640913)
by just saying the word "bitcoins" here, I know this post will worth a million dollar somewhere in the future.