News for hackers. Stuff that matters.
Re:Ask HN: Bitcoin Price Speculation by bbcbasic on Monday January 05, 2015 @04:29PM (#8841309)
To act as a good currency, the currency should be almost worthless (or worth a lot less than the value it represents).

USD and Bitcoin are both good currencies, in part because they are worthless.

To flip it on it's head - if a currency is worth more than the value it represents then no one would spend anything.

There are no comments on this comment yet.