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The current bitcoin economy is worth about 1.5 billion, so that one coin would be worth about 1.5 billion, if that were to happen. Where is my flawed reasoning?
by drcode 13y ago
The current bitcoin economy is worth about 1.5 billion, so that one coin would be worth about 1.5 billion, if that were to happen. Where is my flawed reasoning?
- nimble 13y agoThat would be a fun conversation to see. You with your 1.5 billion dollar bitcoin trying to haggle someone down from 0.2 bitcoins to 0.00000002 bitcoins for a pair of pants.
- shasta 13y agoFiat currencies (which bitcoin is in one sense) are largely rooted in psychology. Recall this story: http://www.npr.org/blogs/money/2010/10/04/130329523/how-fake-money-saved-brazil http://www.npr.org/blogs/money/2010/10/04/130329523/how-fake...