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That is my feeling as well. I think we got a taste of what will happen with economic certainty in 2008: they'll print more money. And in a situation like that,
by moduspol 9y ago
That is my feeling as well.
I think we got a taste of what will happen with economic certainty in 2008: they'll print more money. And in a situation like that, people will want something with the supply algorithmically constrained like Bitcoin.
If nothing else: Even if Bitcoin's "value" stays constant, its value in terms of USD will rise as inflation occurs. I'm not sure what rational case one can make that it would lose value as faith in the US economy gets weaker.