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It sounds like a metric that would satisfy the parent post more is some sort of consumer price index in Bitcoins? Perhaps that would be useful to have side-by-
by eric-hu 14y ago
It sounds like a metric that would satisfy the parent post more is some sort of consumer price index in Bitcoins? Perhaps that would be useful to have side-by-side with a Bitcoin-to-USD metric.
- Helianthus 14y agoSadly there isn't enough data for a consumer price index, because Bitcoin isn't a currency (in the extent that its main use is exchange for commercial goods), it's a financial sandbox.
- adestefan 14y agoWhich means that it's susceptible to the wild fluctuations of any other financial security and is not the almighty digital currency that it's backers try to make it out to be.
- Helianthus 14y agoYep. I'm running into the realization that I'm actively enjoying watching this storm build.