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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 lea
by obviouslygreen 13y ago
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).
- nick2021 13y agoAlso remember that things started costing 5 cents until inflation ran those same items up to dollars.
- sp332 13y agoIf bitcoin ever takes off, its built-in deflation will run the problem in the other direction (making it even worse than it is now).
- leishulang 13y agoby just saying the word "bitcoins" here, I know this post will worth a million dollar somewhere in the future.