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> Right now, advertising a computer at 3 bitcoins is not practical. Only if you're seeing the "real" value as the USD. No-one says "$100 is meaningless because
by user24 13y ago
> Right now, advertising a computer at 3 bitcoins is not practical.
Only if you're seeing the "real" value as the USD. No-one says "$100 is meaningless because its conversion to Thai Baht varies so wildly".
The only thing that will kill bitcoin is stability without utility.
- lmm 13y ago> No-one says "$100 is meaningless because its conversion to Thai Baht varies so wildly". I would, if I lived in Thailand. I wouldn't quote prices in dollars. Sure, what really matters is how well bitcoin price is correlated with food, labour etc. - things you actually need. But those are pretty closely correlated with USD in practice, and bitcoin is not well correlated with them.